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The cloud over the Shanghai FTZ

If China can open up its financial borders so fast, why then does it need a Shanghai free trade zone at all?
The cloud over the Shanghai FTZ

China’s regulators made two ground-breaking announcements within six weeks of each other that liberated transactional opportunities nationwide that had only just recently been made available in the geographically limited Shanghai free trade zone (FTZ), or other special economic zones.

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