China is considering the use of international law in a big push to get free trade zones up and running to promote the use of the yuan in global trade, which could challenge Hong Kong longer term as the main offshore center for the currency.
Sources said Chinese leaders have been discussing the adoption of an international legal system in the free trade zones (FTZs) for the first time to help lure foreign companies, although views are varied.
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Saikat Chatterjee and Michelle Chen, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/2lnfjirjqUQ/
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