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Mon, Nov 15, 2004 - Page 7　News List

Brazil-China ties anger industry group

RECOGNITION The Brazilian president's decision to recognize China as a market economy will do harm to the nation's economy, Industry Federation officials say

AFP , BRASILIA

"China is not a market economy," the group said in a statement.

"In recognizing the People's Republic of China as market economy, the Brazilian government is forcing investment authorities to compare prices of Chinese exports with the going prices in domestic markets.

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