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June 2004

Judging from recent headlines in China, a bold new leader has emerged among the OECD nations.

Although many readers may not have heard, the New Zealand government announced in late April that it recognized China as a "market economy" and plans to implement a formal free trade agreement between the two countries by early next year.

On June 3 the US Commerce Department will hold a hearing to discuss whether to officially designate China a market economy. Also this month, the European Union is set to announce its preliminary verdict in response to a formal request for ...

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