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
Kerr Gibbs
Opinion

Opinion

The View by Kerr Gibbs

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

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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
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