China’s ambitious Shanghai Free Trade Zone is designed to welcome foreign investment and open up an attractive yuan-denominated financial sector to the rest of the world. But it’s hard to boast about free trade credentials behind the Great Firewall of China, so media outlets and social networks that are banned elsewhere in China will be available in the zone, the South China Morning post reported today, citing unnamed government sources.
In addition, the government will consider bids from foreign telecommunications companies to provide internet service in the zone.
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Heather Timmons, Quartz via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/XZvsfQcfHfE/
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