October 15, 2013
Shenzen 2: Shanghai Free Trade Zone
Wendell Cox, New Geography
The Associated Press
Less than 35 years ago, China established its first special economic zone in Shenzhen, a prefecture (Note) bordering Hong Kong. This model is about to be expanded with the establishment of a new financially oriented free-trade zone in Shanghai, which could prove a major breakthrough in that city’s quest to become East Asia’s financial capital.
TAGGED: Shenzen, Shanghai, China