The mainland banking regulator sent questionnaires to foreign banks asking them why they were hesitant to open branches in the Shanghai free-trade zone. Photo: EPA

Foreign banks shun China's Shanghai free-trade zone amid uncertain rules

Lenders hesitant to enter Shanghai free-trade area because of the need for all branch systems to be isolated from rest of the country

Topic |   Shanghai free-trade zone

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The mainland banking regulator sent questionnaires to foreign banks asking them why they were hesitant to open branches in the Shanghai free-trade zone. Photo: EPA
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