Sunday, 29 September 2013

Economy News Headlines - Yahoo! News: China's 1st pilot free trade zone opens

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more. 
China's 1st pilot free trade zone opens
Sep 29th 2013, 07:14

Shanghai Municipality Communist Party Secretary Han Zheng, left, inaugurates the Shanghai Free Trade Zone during a ceremony in Pudong district, Shanghai Sunday, Sept. 29, 2013. China's first pilot free trade zone started operating in Shanghai on Sunday, billed as a test bed for the country's drive to deepen economic reform and providing a testing ground for free capital account convertibility of its currency. (AP Photo/Carlos Barria, Pool)BEIJING (AP) — Operations formally kicked off Sunday at a new free trade zone in Shanghai that China's government has billed as a major step for financial reforms and economic experimentation, but significant changes look to be years away.


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