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Economy

Japan won't recognize China as WTO 'market economy'

Tokyo wants to keep anti-dumping tariff options open

TOKYO -- The Japanese government intends not to recognize China as a "market economy" under the World Trade Organization without changes to the country's policies, a stance that will leave tariffs as a ready option for Tokyo against unfairly cheap Chinese exports.

The U.S. and the European Union have indicated they will take the same approach. Japan seeks a united front with other advanced economies to pressure China to deal with its steel oversupply and other economic distortions.

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