The economy of China is not characterized by the common/social ownership of the means of production, which means it is not socialist. No amount of five-year plans can change that.
China does spark international conflicts and does bully its neighbors, but it is true that the country doesn’t cosplay world police and doesn’t participate much in military operations outside the country, which is a big plus.
As per the bar, it shouldn’t fall lower just because some country got even more evil. We can compare the evils, but the evil will be there.
With all that said, I do not say “China bad”. But claiming “China good” would also not be correct.