Monday, January 20, 2014

Free-trade zone for Shanghai Mr Li's big idea

IF PRESS reports are to be believed, Shanghai's dreams of surpassing Hong Kong to become the region's leading financial centre may have a powerful supporter in Beijing. According to Xinhua, the official government newswire, the ruling State Council has approved plans championed by Li Keqiang, the newish premier, for an ambitious free-trade zone in the mainland's second city. The idea has set the country's press and local wags alight with speculation about how far such an idea could go. Do business with Chinese people? learn business Chinese in Chinese Language Academy of Los Angeles. http://www.economist.com/blogs/analects/2013/07/free-trade-zone-shanghai?zid=306&ah=1b164dbd43b0cb27ba0d4c3b12a5e227

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