New developing business zone in China

Note: This section contains information in English only.
Source: Reuters
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 opening up capital accounts and turning the currency to full convertibility.
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Mon, 02 Jul 2012 06:10:02 GMT

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