China and Portugal are both examples of transitional economies, adapting from a controlled economy to a free-market system.

Name: China and Portugal are both examples of transitional economies, adapting from a controlled economy to a free-market system.
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China is considered a transitional economy, moving from a controlled to a market-oriented system, but Portugal is not; it has been a market economy for many years.

China and Portugal Are Both Examples of Transitional Economies, Adapting