Special Briefing on China market access, Part IV: Shanghai's Free Trade Zone — China’s promised land
The Shanghai pilot free trade zone (FTZ) initiative provoked an unhealthy mix of early-days chest-thumping by Chinese authorities and dismayed booing on the part of disappointed foreign observers in 2014. In December emotions surrounding the FTZ were finally beginning to quieten down, but then came the announcement of not one, but three new FTZs.
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