I believe the term “tankie” comes from the idea that they believe the guys in the tanks at Tiananmen Square were in the right.

From the Wiki:

The term "tankie" was originally used by dissident Marxist–Leninists to describe members of the Communist Party of Great Britain (CPGB) who followed the party line of the Communist Party of the Soviet Union (CPSU). Specifically, it was used to distinguish party members who spoke out in defence of the Soviet use of tanks to suppress the Hungarian Revolution of 1956 and the 1968 Prague Spring