Two weeks after taking office in March 2013, China’s Premier Li Keqiang announced that Shanghai, the country’s financial capital, would be a new type of economic testing ground. China, he said, “should not be scared of opening up.” After months of speculation, the Shanghai Free Trade Zone (FTZ) became a reality on Sept. 29. The South China Morning Post, a Hong Kong-based newspaper, claimed that Li “prevailed over all dissenting views” to green light the project. But many Chinese have reacted to the launch with skepticism, questioning how “free” the free trade zone will really be.
Two weeks after taking office in March 2013, China’s Premier Li Keqiang announced that Shanghai, the country’s financial capital, would be a new type of economic testing ground. China, he said, “should not be scared of opening up.” After months of speculation, the Shanghai Free Trade Zone (FTZ) became a reality on Sept. 29. The South China Morning Post, a Hong Kong-based newspaper, claimed that Li “prevailed over all dissenting views” to green light the project. But many Chinese have reacted to the launch with skepticism, questioning how “free” the free trade zone will really be. - See more at: http://www.tealeafnation.com/2013/10/just-how-free-is-shanghais-new-free-trade-zone/#sthash.hzMUw4RJ.dpuf
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