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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (1901)	12/11/2003 2:02:44 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

Catching up with China by our Internet desk, 11 December 2003 Japan has agreed to start free trade talks with three Southeast Asian countries in an apparent move to counter China's growing influence in the region. No deadlines have been set, but the negotiations with Thailand, Malaysia and the Philippines are likely to start early next year. If established, the free trade zone would open up a market of 165 million people to Japan, representing an annual 300 billion dollars in economic output. In exchange, its three partners are looking for free access to the world's second largest economy, worth four trillion dollars a year and home to 127 million people. Japan's concern about its role in fast-growing Southeast Asia has grown since 2002, when Beijing agreed to set up a framework for talks on free trade agreements with the 10-member Association of Southeast Asian Nations (ASEAN). At the moment, Japan only has a free trade deal with Singapore. rnw.nl