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China free trade zone a bust so far: US business survey

Published Wed, Mar 4, 2015 · 09:50 PM

Shanghai

NEARLY three-quarters of American firms in Shanghai say China's first free trade zone (FTZ) offers them no business benefits almost 18 months after it was established, according to a survey on Wednesday.

The Chinese commercial hub set up the FTZ in September 2013, promising a range of financial reforms, including full convertibility of the yuan currency and free interest rates, which remain unfulfilled.

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International

International

China free trade zone a bust so far: US business survey

International

Thailand to appoint former energy executive Pichai as finance minister, sources say

Consumer gulf widens as demand for premium and budget foods grows

‘To the Future’: Saudi Arabia spends big to become an AI superpower

Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons

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South Korea readies new system to detect illegal short-selling

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