In the living memory of many of us, Taiwan was essentially a dictatorship. Now its protection of free markets for its people exceeds that of the U.S., at least in some areas, where U.S. law tends to favor corporate interests.
Still, a dictatorship implies central control, and there is quite a contrast between that and strong market-favoring.
Edit: missed a word that changes tone a bit
Not in Asia. Singapore is consistently ranked as one of the most economically free (pro-business and free market) countries in the world, yet they are essentially a one-party 'democracy.'
Hong Kong is another example of an entity consistently ranked as one of the most economically free, but less democratic.