Sure...but these current markets are not free.
Currently, we have socialist governments loading regulations on business...thus, these markets are not free.
The Pope is wrong to bash the truly free market system. A free market alleviates poverty. Would he rather have a controlled market where the freedom of millions is squelched?
As far as your Chinese company...what you might be describing is a crony system where the Gov't is enmeshed in operations (not a free market). Since you're dealing with a communist gov't it may be likely.
That’s my point the Market is not free from either side - you are most correct in that the left loves to stick it’s icky little fingers into the market and fiddle or restrain it. They only seem to restrain the little or middle guy not the uber rich - they are beyond borders or retraint.
Cheers
Mel
My company was started in North America and bought out by these guys - I do not wish to mention the name as you may understand why but you would know it! They also own a few Aussie companies here that I was sure were still in the hands of Australian owners. Their corporate governance and treatment of workers is outstanding so it’s not hard to work for them - they are doing extremely well in all areas they undertake - pretty easy if you don’t need to take profits!