This is despite the CCP baggage. Look at Singapore and Taiwan. If it wasn't for the CCP, China would be as rich as Japan and South Korea.
If you compare China to its direct neighbour with a similar population, India, you clearly see that they were far more adept at developing their economy. There is a reason the article focus on the diaspora. That’s because the situation inside the country is not that rosy.
I think American have a very biased view of China due to the strong anti-Chinese propaganda going on in your media.