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Zambia Recognizes China's Market Economy Status
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Zambia has become the 53rd nation in the world to recognize China's market economy status, the Ministry of Commerce said in Beijing on Wednesday.

 

Zambian Vice President Lupando Mwape made the announcement Tuesday in Zambia's capital, Lusaka, after meeting with a Chinese government delegation headed by Vice Commerce Minister Wei Jianguo.

 

In April 2004, New Zealand became the first country to recognize China's market economy status.

 

Since then, 13 other countries including Australia, South Korea, Israel, Kazakhstan, Ukraine, and Iceland followed suit to acknowledge China's market economy status in 2005.

 

However, China's three biggest trading partners -- the EU, the US and Japan -- have not recognized the country's market economy status to date.

 

Chinese trade officials said Chinese enterprises have been treated unfairly in anti-dumping probes, because some countries refuse to admit that China has a market economy.

 

(Xinhua News Agency March 23, 2006)

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