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Monday, November 29, 2004 |
JT. Market power vs. Military power. Rising power China moved Monday to expand its influence in a region long dominated by the United States, signing an accord with Southeast Asian nations aimed at creating the world's largest free trade area by 2010 — a sprawling market of nearly 2 billion people. China's deal with the Association of Southeast Asian Nations was sealed as the 10-nation group agreed to another pact that would build an ASEAN community, much like the European Union, by 2020.
6:44:08 PM
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© Copyright 2004 John Robb.
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