President Xi breathes new life into Shanghai FTZ as he hopes to replicate reforms across China

China’s President Xi Jinping on Monday breathed new life into Shanghai, announcing plans for an equity market for start-ups and expansion of the free-trade zone, hoping to revive the flagging fortunes of the economic testing ground seen as a rival to Hong Kong. Xi said in a speech during the China International Import Expo that Shanghai free trade zone will be encouraged …

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