Shanghai free trade zone 'will deal a blow to Hong Kong' | Bangkok Post: news

News > Asia

Shanghai free trade zone 'will deal a blow to Hong Kong'

- +

Asia's richest man Li Ka-shing has warned that Shanghai's new free-trade zone will have a "big impact" on Hong Kong, urging the city to up its game to avoid losing out. 

Asia's richest man Li Ka-shing has warned Shanghai's new free trade zone will have a "big impact" on Hong Kong, urging the city to up its game to avoid losing out.

China will allow unfettered exchange of its yuan currency in its first free-trade zone (FTZ), according to draft plans revealed exclusively by AFP this month, in a bold push to reform the world's second largest economy.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments