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Shanghai FTZ creates business 'distortions', warns treasurer

Knorr-Bremse treasurer Ernest Mui has called for China to establish more Shanghai-style free trade zones in order to balance China’s corporate treasury needs.
Shanghai FTZ creates business 'distortions', warns treasurer

“We need more special zones, other than Shanghai,” said Ernest Mui, treasurer of German-based train-braking systems manufacturer Knorr-Bremse.

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