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News & Analysis

China to Test Free Trade Zone in Shanghai as Part of Economic Overhaul – NYTimes.com


China’s State Council, or cabinet, said it was establishing a pilot zone in Shanghai to test some of the government’s financial overhauls, including interest rate liberalization and full convertibility of China’s currency, the renminbi, according to reports Thursday in the state-run news media.

via China to Test Free Trade Zone in Shanghai as Part of Economic Overhaul – NYTimes.com.

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About NorthwestExpat

Economic developer and hobbyist photographer. My passions are family, skiing, hiking, Newfs, travelling and exploring the Great Northwest.

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