Yes, but no fascist controlled country in the 1st world of old.
China was an interesting point though. I was more thinking of Zimbabwe. But they are not of the old 1st world. Think, you had 3 of the more powerful European states under fascist governments in WW2, as well as the most powerful state of the far east. And even if China is an interesting point, it is no match for the definition that Japan had...
The defeat of the Axis was of historical importance in the fact that each of the combatants ultimately had to go through a rather dramatic split between the nationalistic element of fascism and its other major components - as in the case of Great Britain where it can be said that the "jingoistic" patriotic zeal of the populace and the governing bodies of the country finally distanced itself from the continental fascitic doctrines of Italy and Germany. Before the outbreak of WW2, fascism in its broader term, as Lumpy had mentioned, was a major political force in almost ever nation who would in the future form the Allies, with Soviet Russia as an exception. Naturally, the defeat of European fascism dealt a major blow to the fascist political parties within the Allied nations, and the opening of the Cold War had set a new bipolar political environment where liberalism and communism would take opposite stances.
However, fascism didn't die out, even in the "1st world". With the implosion communist blocs starting from 1992, the bipolar political struggle between liberalism and communism, which dominated everything else over all these years, also disintegrated into thin air. And with that disintegration resurfaced the old fascistic tendencies which was nurtured and reared by the "New World Order" - particularly in the case of Europe and Russia.
The rise of fascism usually coincides with times of major economical setbacks, as the populace loses faith in the old conservative-liberalist government. At the same time the absence of a respectable left-wing alternative drives the masses into the political ideals of a powerful nation-state, which would take strong-armed, agressive initiatives against domestic problems and "unite" the people for common welfare. Unfortunately this emphasis in unity often comes with a catch, in that in manifests in a form of "unity against a common enemy". For example, in the case of the USA, the fascistic element in a formal political party is certainly weak, however the basic stance its populace and government takes against the rest of the world, in the light of recent terrorist attacks can certainly be viewed as a sort of "fascism", in the sense that it opts for a near-totalitarian cooperation of the masses towards an ideal of "national security" and "order" at the expense of individual freedoms and democratic ideals.
In Europe, the destruction of communism has given rebirth to an old breed of fascist political parties - such as the "Nationaldemokratische Partei Deutschlands" or "Deutsche Volksunion" of Germany, whom advocates aggressive anti-immigration laws, denial of the existence of the Holocaust, with suspected political activism consisting of domestic terror and violence against minor ethnic groups within Germany. The notorious "Front Nationale" and its spin-off, the "Mouvement pour la France", with infamous politicians such as Jean-Marie LePen, also advocates simular ideals as its German counterparts. The Italian "Movimento Sociale Italiano", and "Azione Sociale", are more or less direct descendants of Mussolini's party, and are very active as a major political force, boasting 10~15% followers across the country, with 41 senators and 71 government officials.
Perhaps the most dismaying of them all, would be the resurfacing of the old "Islamicization of Europe" crap by British ultra-nationalists as of late. This "Islamicization" crap, which its ancient roots may be traced back as far as the 11th century, had once become a major political issue during the 19th century when nationalism was at its peak. It disapperead around WW1 and WW2 when the Ottoman Turk empire was ultimately subdued, and hasn't been heard of since until recently - in the light of 9.11, the high numbers of Mediterranean/North African immigrations to Europe, and the public loss of faith in the old British Conservative party. Despite the overall numbers of Muslims in Europe still remain around 4%, British ultra-nationalists have dug up the "Islamicization" propaganda and has been using it against the multicultural, multiethnic ideals of which both traditional conservatives and leftwing political parties of Europe have been long advocating for. They maintain a racial purity of a sort must be maintained to protect the "British way of life" and the "British culture", against a "mongrelization" and "Islamicization" of cultures which a conspiracy-driven leftwing government (the British Labor Party) has been rooting for.
Russia, is probably the worst case scenario in which a natural and domesticated form of fascism has grown up to replace a communist system. The speedy transtion to capitalism has left a deep mark of social injustice and inequality where the new elites consisting of "robber-barons" and the mob, have virtually taken over the country. A deep feeling of frustration resides within many Russians where a once powerful country, has now been thrown into virtual chaos of the capitalist market, where the government system has failed to maintain order and injustice rules the streets. The once communist country is now entrapped in an opposite extreme, in which a blind patriotic zeal calls for an iron-fisted government that would subdue the chaos and bring order to Russia - a prime opportunity for weasles like Putin to become a "legal dictator" by bending the rules and toying with the election system, as well as moving the army and the police to violently crush the opposition parties of Russia.
More than sixty decades have passed since the defeat of Nazi Germany, and yet in many different forms, the very dangers which haunted humanity all those years ago still persist - especially in the "1st World" countries. It serves as a reminder that fascism is not a special, or an isolated event which has transpired, but rather it is a delicate and yet at the same time a brutal perversion of the democratic ideals, which is innate in the democratical system. When people are blindly driven by a totalitarian ideal, and when a dictatoral being grabs the opportunity of it all, people willingly, "democratically" go turncoat against the very essence of democracy by perverting their entire system into a machine of unity against common hatred for a fellow human being.
Oh yeah, fascism is very much alive everywhere. It just hasn't reached its full potential as it had 60 decades ago. Perhaps it never will reach such extremes, after the experience of WW2, but then again it is entirely possible that it might one day become powerful enough to at least send a significant numbers of law makers and government officials in a "1st World" country. Such signs of danger are showing up in many cases, which should remind the public of its united duty as a citizen to stop such political cancer cells from spreading.