Articles by EeGhim Chua

Photo for As the world gears up for the Shanghai Free Trade Zone

Forget QE tapering for a moment. China is set to dominate financial headlines for the next few days as it gears up for the launch of the Shanghai Free Trade Zone (FTZ) this weekend.

It is undoubtedly an ambitious effort to push Shanghai towards becoming a global commercial hub. According to Xinhua news agency (the official press agency of the People's Republic of China) the FTZ, set to launch on 29th September, will be the first of such free trade zones on the Chinese mainland which “allows goods to be imported, processed and re-exported without the intervention from customs authorities’. The primary function for this zone will largely be traditional - to facilitate trade expansion and attract foreign direct investment.

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China, Communications, Finance, Shanghai Free Trade Zone,

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