Caixin
Oct 21, 2013 05:48 PM

Will Economic Reform Policies Get into the Zone?

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The Shanghai Free Trade Zone (FTZ) launched last month is touted as an important part of the Chinese government's new reform strategy. By supporting the China-U.S. Bilateral Investment Treaty (BIT) talks and also preparing for eventual participation in the Trans-Pacific Partnership (TPP) negotiations, the Shanghai FTZ may help take China's economic opening to a new level. These steps could also benefit the Chinese economy in a similar way to WTO accession more than a decade ago. But there are still uncertainties about what the Shanghai FTZ can achieve.

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