Perspective
Oct. 23, 2014
New Shanghai free trade zone: promising or pointless?
More than a year has passed since Xi Jinping's administration placed foreign law firms in China at a cross-roads with the creation of the New Shanghai Free Trade Zone. By Peter Zeughauser
More than a year has passed since Xi Jinping's administration placed foreign law firms in China at a cross-roads with the creation of the New Shanghai Free Trade Zone. As announced by Beijing, the New Shanghai Free Trade Zone (NSFTZ) held the promise of the practice of Chinese law by non-Chinese licensed lawyers on the mainland in a Hong Kong-like second system with an independent judiciary and the rule of law. The entry ticket for foreign...
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