Billionaires are problematic by their very existence, but the sort of power they want is what the CCP has. They want to use their capital to build that. Trump's having the best luck so far. If there are people who also just happen to be extremely wealthy who get in their way, they'd gladly use the power they then had to get rid of them. Alex Karp would be a good example of this sort of aspirational melding of the state and capital.
In a way, the CCP is beyond someone with a lot of money being able to do anything about it, which would be nice, except for the fact that they're totalitarian.
This is a much different model. Yes, the CCP has the sort of power that elite authoritarians crave, but it also has constraints and demands that no elites would ever face.
I would add that China also executes quite a few government officials for corruption and bribery. Estimates based on reporting suggest that about 25 Chinese officials each year are executed for this, and over 200,000 have been prosecuted in serious criminal trials, often with multi decade prison sentences or even life sentences. Again, the contrast with Western permissiveness is stunning.
As far as the execution of government officials for bribery, they also do quite a bit of other enforcement action that "Western permissiveness" just wouldn't tolerate, like sending ordinary people - not billionaires or cadre members - to re-education camps for wrongthink.
China’s government is likewise not accountable to or easily fit into the framework of “a market”, for reasons not the least of which include it being explicitly anti-capitalist. Wealth hoarding does not accumulate political power in China, and those who attempt this play can and regularly do find themselves put back in their place - possibly a prison or a crematorium.
As for re-education “camps”, the US imprisons approximately 10% of its population - a huge number by any standards historical or contemporary - and virtually none of these are billionaires or governing elites, who are functionally immune to the systems of authority that “rehabilitate” regular Americans.
Sorry, what? China regularly prosecutes billionaires. Between 2003 and the mid 2010s it EXECUTED at least 15 billionaires.
When was the last time a US billionaire faced a death penalty case, even when their actions directly result in tens of thousands of innocents dying?
Isn’t the US much more aligned with the dreams of the capital class, given that distinction alone? All the money in the world won’t save a Chinese citizen from their laws. Meanwhile, we have the President’s family selling crypto coins and NFTs and Trump Gold Cards and “produced by USA” Trump phones made in China.