No, china does not have a market economy!
market economy
social economy
A market economy.
No. it should be under mixed market economy
market economy
Yes, China has a mixed economy. If you don't know, this means that its economy consists of a combination of a market economy, in which there is free exchange of goods in a private market, and a planned economy that is totally controlled by a governmental entity.
Now a days China is the big and best example of market economy that we are used.
Although China is not yet considered to have a fully-fledged free market economy, Deng Xiaoping is credited with having enacted many economic reforms that helped push China in that direction.
It was a command but now it is slowly moving to be a market.
The economy is moving from central planning toward a market-based system.
The economy is moving from central planning toward a market-based system.
Although China has a state directed economy, they show free market tendencies. Scholars now maintain that China has developed a State Capitalist economy.