China announced in 2009 its plan to transform Shanghai into an international financial hub by 2020. But a recent poll has found members of the American Chamber of Commerce in Shanghai do not believe the Shanghai 2020 goal will be achieved. Photo: Xinhua
Opinion
Opinion
The View
Shanghai can be made a global financial hub – if China fixes some fixable problems
- With one year to go before the deadline, Shanghai still doesn’t have what it takes to be a global trading centre. China’s plans for Shanghai are going the way of its other promises: it talks about being open but keeps markets controlled
China announced in 2009 its plan to transform Shanghai into an international financial hub by 2020. But a recent poll has found members of the American Chamber of Commerce in Shanghai do not believe the Shanghai 2020 goal will be achieved. Photo: Xinhua