Asean: China is a market economy
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All ten member countries of the Association of Southeast Asian Nations (Asean) have recognized China as a market economy. Asean comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Singapore, Thailand, the Philippines and Viet Nam.
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China should no longer focus on the size of trade growth on its way to becoming a strong trading power. The international balance of payments, rather than blind pursuit of a trade surplus, should become the primary goal.
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The Association of Southeast Asian Nations (ASEAN) declared in Vientiane Monday that it now recognizes China as a full market economy.
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VIENTIANE - China and 10 South-east Asian countries signed historic trade pacts to pave the way for the world&#39;s biggest free-trade zone by 2010, with a total population of nearly two billion people.
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For nearly three decades, Chinese peasants have left their villages for crowded dormitories and sweaty assembly lines, churning out goods for world markets. Now, China is turning the tables.
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Brazil has recognized China as a market economy, President Hu Jintao declared here, claiming the prized status Beijing had been seeking for days while Brazil's meat and aircraft industry were given access to the Asian giant's huge market.
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China will make more efforts to boost its trade volume with the 10-member Association of Southeast Asian Nations (ASEAN), one of China&#39;s most important trading partners to date and together have promising economic cooperation in the future, a Chinese
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Leaders of the Association of Southeast Asian Nations (ASEAN) meet in Vientiane on Monday to adopt a roadmap for the establishment of an ASEAN Community consisting of three pillars -- an Economic Community, Security Community and Socio-Cultural Community.
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SHANGHAI, China -- China has reached agreement with the Association of Southeast Asian Nations, or ASEAN, on completely removing tariffs on merchandise goods by 2010 as part of a proposed free trade agreement, the Chinese Ministry of Commerce says.
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China and Russia yesterday completed talks concerning the latter&#39;s proposed accession to the World Trade Organization (WTO). They also mutually recognized the market economy status of each.
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[World News]: Beijing, Dec 26 : Chinas foreign trade has zoomed 750 times since the Communist nation was founded 55 years ago, serving as a major engine for the growth of Chinese economy as well as world trade, Commerce Minister Bo Xilai said.
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A landmark trade agreement between 10 South East Asian countries and China has been signed at a summit in Laos. The deal could eventually unite a quarter of the world&#39;s population in a free trade zone.
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China's economy grew by a blistering 11.2 percent in the fourth quarter, propelling annual growth to its fastest rate in 13 years, the government said Thursday, showing that China remains vibrant despite worries that a possible U.S. recession will drag on global growth.
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Vientiane: The 10-member Association of South East Asian Nations (ASEAN) today decided to establish a &#39;formidable regional grouping&#39;, comprising India and China as well, that will rival the trade blocs of Europe and the United States.
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China's economy grew by 11.5% in the three months to the end of September, official figures show.
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ZHUHAI, China : China will push for a rapid reform of its aviation industry to meet the demands of its fast-growing economy and to boost competitiveness, a senior official said at an aerospace forum in this southern Chinese city.
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Pakistan recognized China as a market economy Wednesday and Beijing promised visiting Prime Minister Shaukat Aziz 150 million dollars in aid to build a nuclear power plant.