I am not saying Deng's approach is bad. I am just trying say that we shouldn't forget that a huge truck of China GDP comes from the exploitation of the workers.
Now that the level of inequality has reached the moon, I am curious to see what they will do next. Especially in the age automation and increasing trade war tender, manufacturing WILL leave China. Many in the US blame the rise Trump on the lost blue collar jobs. Imagine the same situation in China, but with majority of population being blue collar worker.
Let's also not forget about corruption in China. It is true that elimination of porvery is an important goal set by the central state. But how the local official achieve their target KPI is abhorrent, e.g. forcing low income family out of the city, manipulate the definition of poverty etc.