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This article is adapted, with updates, from the September 20 article “China’s New Free Trade Zone: Silver Bullet or Stopgap Measure?“Two weeks after taking office in March 2013, China’s Premier Li Keqiang announced that Shanghai, the country’s financial capital, would be a new type of economic testing ground. China, he said, “should not be scared of opening up.” After months
Hong Kong tycoon Li Ka-shing is again in the media spotlight after he mentioned in late February the possibility of publicly listing his retail business A.S. Watson Group, which is part of the Hong Kong-listed conglomerate Hutchison Whampoa."No matter what, if Watsons was to list in two locations, Hong Kong will definitely be one of them," Li said.There has been speculation