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Shanghai free trade port to provide greater freedom on capital flows

Relaxed forex and customs rules will allow businesses in city's free trade area to operate as they would in freewheeling Singapore and Hong Kong, state media says.
Shanghai free trade port to provide greater freedom on capital flows

China plans to relax foreign exchange controls in its new Shanghai free trade port as the country gives businesses operating there a taste of working as they would in Hong Kong or Singapore, state media reported today.

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