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China plans to roll out financial sector reforms in the Shanghai special economic zone in the next three months and most will be implemented in a year, suggesting authorities are accelerating the pace of dismantling capital account controls.
A total of 140 pieces of art, including Chinese painter Zhao Wuji's (also known as Zao Wou-ki in French)'"Abstraction," was scheduled to be auctioned by Sotheby's on Sunday in Tianzhu Free Trade Zone in Beijing's suburban district of Shunyi. It is
Today, a train car loaded with coal in Kazakhstan can rumble thousands of miles across the Eurasian steppes to a factory in Belarus, all without once clearing customs. Citizens of three former Soviet countries Belarus, Russia and Kazakhstan can work
In Summary The zone will cover 1,000 acres and will herald a new approach to attract more local and international investors. Experts are, however, urging caution over the setting up of the free trade zone, saying it could disadvantage other
Australia and New Zealand Banking Group Ltd said on Sunday it had approval from Chinese authorities to set up a sub-branch in the new Shanghai free-trade zone, following several other major international lenders into the pilot project. ANZ, the most
Jonathan Larsen, Citi's global head of retail banking, said that as China's affluent population increases, the wealth management market has significant potential for growth. On June 26, Citi China became one of the first foreign banks allowed to sell
At the end of September, a new free-trade zone was launched in Shanghai, the aim being to mark the start of a new era not only of openness in investment, trade and finance, but also of deeper Chinese integration into the global value chain. The zone
Bank of East Asia in receiving approvals to start operations in the pilot free trade zone. Deutsche Bank (China) said on Thursday it has received approval from the Chinese regulator to set up a sub-branch in the new Shanghai free trade zone, ahead of
Shanghai, Nov. 6 (CNA) Former Vice President Vincent Siew met with Shanghai Mayor Yang Xiong in the Chinese city Wednesday, where he expressed hopes for close exchanges between Taiwan and Shanghai's free-trade zone.
Depreciation of the rupee has been a dampening factor for Indian companies looking to invest in UAE's free trade zone Ras Al Khaimah, says a top official here. "India is our most important market, we centre around top 10 cities in India... Rupee