Historians would be making the classic correlation|causation fallacy. Your French example is apt because China has created a bourgeoisie class which is also the effective monarchy. Historians might say that China has learned from history and ensured that their powerful class cannot be usurped.
I think it much more convincing that social values determine the direction in which a country allows government to rule them. Chinese values are miles apart from French values, and their citizens are just much more comfortable with submitting to authoritarian rule. I base this on living in the country, as well as cultural research such as this: https://www.hofstede-insights.com/country-comparison/china/