The Shanghai free-trade zone. The city is expected to unveil detailed expansion plans for the 120 square kilometre zone in the first half of 2019. Photo: Xinhua
exclusive | Shanghai mulls fivefold expansion of free-trade zone in bid to attract foreign capital
- New zone to include Lingang, site of Tesla’s first international production facility
- Further easing of restrictions on foreign investment and greater freedom in moving commodities and money in and out of China could follow expansion
The Shanghai free-trade zone. The city is expected to unveil detailed expansion plans for the 120 square kilometre zone in the first half of 2019. Photo: Xinhua
