As is usually the case, it all depends on how you define fascism, but perhaps more importantly why you define it in the manner you do.
Frank,
Socialism, communism, and fascism have many things similar. While socialism and communism are generally rather well defined and have theoretical underpinnings via the works of Marx and Engels,
in my view fascism is mostly defined via historical examples (Italy, Germany) and not exactly via a theory. One of the key differences between fascism vs. the other two is the relationship with private property. While socialism (and communism as its final stage) reject private property, fascism embraces it, especially in its corporate form. By that definition, China is today a fascist country: totalitarian, one-party regime with private property, corporations, and more billionaires than New York (I didn't check that).
America is moving in that direction, toward a one-party system via political correctness and cancel culture, while retaining private property and control over major corporations (again, via PC and cancel culture, not formally).