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SEP 29, 2013 - The Guardian

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China opens Shanghai free-trade zone

Government pledges to allow foreign investment and new trade zone is expected to be a test ground for economic reformsA free-trade zone in Shanghai that China's government has billed as a major step for financial reforms and economic experimentation has formally started.State media reported that a first batch of 25 Chinese and foreign companies were granted licenses to register in the zone.The China (Shanghai) pilot free-trade zone is a nearly 11-sq mile district that covers four existing special trade zones in Pudong district, including one at the airport.China's state council formally ... Read More

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