China's regulators have already given their assent for the creation of an international trading center in the free trade zone in Shanghai, Reuters reported citing the bourse's Chairman Gui Minjie.
Shanghai Free Trade Zone
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The Wall Street Journal reported that China could allow foreign companies to sell shares in the free trade zone in Shanghai.
The Chinese government would be easing regulations for foreign lenders seeking to do business in the newly-opened Shanghai free trade zone.
The Shanghai free trade zone is a testing ground for finance and economic policy in China.
China establishes free trade zone to help liberalize yuan trade.
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