"being a capitalist" is a catch-all accusation used when employers are trying to remove benefits from employees. It's the same as calling someone "greedy" in the west. There is still tons of protests and criticisms led by employees in China for better working conditions. Also, keep in mind that since the 50s the system took care of factory workers, from food and housing and even authorizing marriages! And then, out of a sudden the capitalist reforms came and they were all threw in this competitive market economy without any benefits. The term "being a capitalist" includes all these nuances and grievances.
Also, note that China today is NOT this extreme-capitalistic country that people think. The big enterprises (telecom, oil, etc...) are open and competitive, but most of the shares are actually owned by the government. In fact, when they describe "Capitalism with Chinese Characteristics" I believe it is not a buzzword (like many believe) but really a meaningful description. It seems that they actually created something different.
Also, note that China today is NOT this extreme-capitalistic country that people think. The big enterprises (telecom, oil, etc...) are open and competitive, but most of the shares are actually owned by the government. In fact, when they describe "Capitalism with Chinese Characteristics" I believe it is not a buzzword (like many believe) but really a meaningful description. It seems that they actually created something different.