Perhaps but I don't think so. The Chinese government has recently allowed the people to have relative economic freedom while still being a ward of the state.
I believe the next step for the new middle class of China is to look to their political freedom. Once they don't have to worry about whether they will eat today, they will start to long for true freedom. IMHO, this is going to cause huge internal problems for China over the next decade as their middle class decides they not only want to earn a living, they now want a say in their government.
It is very difficult to decouple economic freedom and political freedom because with money comes power. The new middle and upper classes of China are not going to want to cede that power to the state.