Breakthrough Reform? Shanghai’s New Free Trade Zone

China officially launched the China (Shanghai) Pilot Free Trade Zone (the “SHFTZ”) on September 29, 2013 and on the same day published a long-awaited and longer-than-expected “negative list” setting forth industry sectors that will remain subject to restrictions or prohibition from foreign investment in the SHFTZ.

The announcements culminate a series of actions by the PRC government beginning in mid-summer...

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Topics:  China, Filing Requirements, Foreign Investment, Free Trade Zone, Notice Requirements

Published In: General Business Updates, Finance & Banking Updates, International Trade Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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