> Does China today qualify as dictatorship?
It has many of the aspects of one, like authoritarianism and centralized control, which arguably could, in the right hands, yield superior outcomes. For example, being able to undertake and complete large infrastructures projects in an ambitious timeframe that would be strangled by political opposition (like NIMBYism or environmental objections) and bureaucratic red tape in the west. Munger was, unsurprisingly, also a fan of China's system.
Again, I'm not a fan of these systems, but pretending they always yield inferior outcomes is dangerous for western democracies, as it could lead to an underestimation of our rivals.