WHAT DO FINANCIAL PROFESSIONALS AND COMPANIES NEED TO KNOW ABOUT THE SHANGHAI FREE TRADE ZONE?
November 2nd, 2013
BARELY a year in office, China’s new government under President Xi Jinping has made more moves towards economic reform than the previous administration in its 10 years in power. Mr Xi has promised to reboot China’s economy by paring back regulations as well as the preferences enjoyed by the state-owned sector, which monopolises many industries, including finance. One of the government’s most talked about reform initiatives is a test-bed for liberalisation, the China (Shanghai) Pilot Free Trade Zone, which was formally opened in September with a remit to ...
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