Firms operating in the FTZ are not having an easy ride as currency curbs limit their options. Photo: Xinhua
Firms operating in the FTZ are not having an easy ride as currency curbs limit their options. Photo: Xinhua

Shanghai FTZ firms’ overseas hopes dashed by policy U-turn

Pilot free trade zone faces currency flow curbs as authorities battle to slow yuan depreciation

Firms operating in the FTZ are not having an easy ride as currency curbs limit their options. Photo: Xinhua
Firms operating in the FTZ are not having an easy ride as currency curbs limit their options. Photo: Xinhua
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