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Bush Touts Free Trade in Asia Speech - WSJ.com

He said free market policies have led to the rise of strong emerging economies in the Pacific Rim, where he said the global "economic stage" has now shifted from the Atlantic region.

"In the wake of the financial crisis, free markets have been under free harsh criticism, from the left and from the right," he said.

"It's true that the free market system is not perfect," he added.