Corporate
Nov. 5, 2013
Shanghai's free-trade zone gives companies a foothold
New zone allows for majority foreign ownership of certain companies looking to set up shop in China's biggest urban region
Daily Journal Staff Writer
Enthusiasm over Shanghai's new free-trade zone, launched in late September to spur foreign investment into China's largest urban area, quickly dampened when the government released a list of sectors for which special policies do not apply. But despite the zone's limited scope, California lawyers say they are already helping multinational companies get ready to set up shop in the zone, and some sa...
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