There's an unfortunate view in the learned press that business-like governments such as Singapore and China are able to work efficiently and generally get things done and are generally to be admired (though not always publicly). Combine that with the UK Government's Big Sister approach to managing the population and the worst effects of political correctness and you can see where this is all heading - a country safely protected from itself under the watchful gaze of those that know what's best for us - Downton Abbey on a grand scale.
It's unfortunate but it's true - China has the advantage that without those pesky elections to worry about it can take a longer term view of things and be planning over a 10 year period, not a 5 year period with re-election and all the populist stuff that requires.
Obviously that's only part of the story but the discussion certainly becomes more "interesting" than it did in the 80s when democracy seemed to give better results across the board having the moral and economic high ground.
Not for a moment endorsing the Chinese approach, just saying that there is a more interesting debate than there used to be.
Too bad that actual planning seems to take a backseat to "my own swiss bank account in 10 years" planning. The same problem "islamic democracies" (or the "islamic republic") or dictatorships have. And then western (and Chinese) companies come in who promise personal kickbacks in trade for contracts. And soon the situation happens that companies who don't do this simply can't get any business at all.
China will get killed by it's own politicians much quicker than any western democracy. They're still growing, today it's easy for them because China is growing at 7% per year. It will get hard soon and things will change. Fast.