China free-trade zone spurs hope for reform revival


SHANGHAI: A planned free-trade zone in Shanghai is raising hopes that China's new leaders will revive long-stalled economic reforms as they seek to make their mark.

China has become the world's second-largest economy and a driver of global growth, thanks to a boom unleashed three decades ago when the Communist Party loosened state control of business and began to embrace the market.

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FTZ , China , economy , reform , Yuan

   

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