Free market economic system definition may be put in very simple terms where it means a system where the patrons and the sellers are the ones which might be answerable for all the trade selections that they make. Nonetheless, the European Union, the United States and some other international locations do not agree that China must be given MES. China’s economic system is slowing now after expanding for about 25 years at a fee of 10 p.c or more. This 12 months, the world’s second largest economic system is anticipated to grow by less than seven p.c. China considers market …