Shanghai's mayor promises to speed up FTZ reform
Government will work towards making yuan freely convertible in the zone, he adds
Shanghai
SHANGHAI'S mayor promised on Sunday to speed up development of China's first free trade zone (FTZ) a year after it opened, as a chorus of foreign companies expressed disappointment over the pace of pledged reforms.
The FTZ was set up in China's commercial hub Shanghai last September with the promise of a range of financial reforms, including full convertib…
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