Will Economic Reform Policies Get into the Zone?
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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