If you read more and did the research China is Authoritarian Capitalistic nation that never gone overseas like the US all over world causing dissension, intervening into other nations internal matters, to plundering others and to bullying, warring for global hegemonic aspirations...FACT --- You said "and capitalism was invented by white people".--- Correct.
Capitalism is GREAT. Capitalism is the BEST economic system.
The nations of Western Europe (France, Belgium, Holland) & Southern Europe (Italy, Spain, Portugal) are embracing capitalism.
Even the nations of Scandinavia (Denmark, Norway, Sweden & Finland) are embracing capitalism.
This is especially notable in the case of Sweden. This is why.--- Sweden, for many, many decades was a big time, left wing, socialist "welfare state".
Especially under their former prime minister, leftist Olaf Palme. But, for some time now, most Swedes & most other Europeans can now see the utter failure of the left wing, socialist welfare state.
Even the Eastern European nations are embracing capitalism.
Back in 1992, the United States (US) president back then, Democrat Bill Clinton gave Russia & China (In the East), the "Most Favored Nation Status".
From 1992 till now, Russia & China have been embracing capitalism. Experiencing A LOT of growth.
In addition, from 1992 till now, China has been buying up a lot of property on both sides & well inland of the Panama Canal.
Since China has embraced capitalism, China has pretty much morphed from a left wing, communist dictatorship, into a pseudo Fascist type dictatorship.
Russia is no longer Dictatorial but Authoritarian
You using the wrong term China is not a Psuedo Facis nor is any long a dictatorial nation but you got one thing right it's capitalistic.