Yes, probably so. But I've lived 9 years in China now. I have friends across a wide spectrum of society. Anyone who actually doesn't like it still only say things like, "He should have known he would be punished for it. You shouldn't do things that put you in jail. You have responsibility to take care of your family and yourself first. You shouldn't be stupid."
Status quo is a powerful thing. Lord Vetinari was onto something when he claimed people just want the same day follow the day before.
Most Chinese don't hate the party, this is hard to believe for many people. As interest-vested, the most common way is buying over-priced condos, you don't want to lose money, and you want to double what you invested like so many others did.