It's not usual for poltiical systems to be interested in what seems like "trivial" matters. Note the US interest in gay marriage, and just because the Chinese government is interested in controlling trivial matter X doesn't mean that it cares about trivial matter Y. One thing that I've learned is that when people are interested in some apparently trivial matter, it usually means that there is something that isn't that trivial involved.
As far as the building boom and one-child policy. I think French is being much too dismissive. Yes, China is going to be rapidly aging around 2020, but people have seen this coming, and there are likely to be huge increases in productivity as China industrializes. The building boom is also much to complex to summarize in one paragraph. Also, as far as markets go, yes markets are a good thing, but markets involve creating state institutions to support them, and French misses the other side of the current (and healthy) debate in China that argues that markets have gone too far. The state hasn't issues a license to show MI-III and the DaVinci Code, but I'd bet you can find pirated DVD's, and if you watch them, the police aren't going to break down your door.
As far as the "Chinese people rising up and overthrowing the oppressors." There is too much of the Marxist feel, and it is really condescending. When the people know the truth, they will rebel implies that they aren't rebelling because they are ignorant now, and that misses a lot of the complexity that exists in China.