Fri, 29 Jun 2012 16:10:25 GMT
New developing business zone in China
China disclosed details about planning USD 45 billion project, a business zone in southern Shenzhen similar to New York and London. China will provide investors and entrepreneurs with favorable business conditions, such as preferential tax rates and growth opportunities. The area will be developed during the following 8 years and mainly serve offshore Yuan dealings. China seeks internationalization of Yuan accomplished by