I think the term "economic freedom" is far too vague. Also, I don't believe it is truly possible to have economic freedom in a totalitarian state like China. Yes, there are folks getting rich over there but it is very much a closed system controlled by oligarchs, who've partnered up with their Western comrades to exploit the system to its best advantage.
The thing we're seeing there now are some of our own oligarchs like Bill Gates making laughable remarks about how "free" things are there - a "new kind of capitalism". Yes, the ruling class is free to do whatever they wish - including the employment of slave labor - and to profit handsomely. The folks at Tienamen Square were slaughtered en masse when they started petitioning for liberty, however. The "new kind of capitalism" ebvisioned by poeple like Bill Gates bears a great deal of resemblance to the kind of "free enterprise system" mamaged by the Krups and other large concerns for Adolf Hitler.
It can be gimmicky.
The thing we're seeing there now are some of our own oligarchs like Bill Gates making laughable remarks about how "free" things are there - a "new kind of capitalism". . .The "new kind of capitalism" ebvisioned by poeple like Bill Gates bears a great deal of resemblance to the kind of "free enterprise system" mamaged by the Krups
Something I like to keep in mind is that John D. Rockefeller IV is strong advocate for socialism in the U.S. Senate.
"Big Business and State Socialism are very much alike, especially Big Business."
--G.K. Chesterton.