Shanghai Free-Trade Zone doubles in size

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  • Published on:  Monday, September 16, 2019
  • Read the full story: https://sc.mp/94bce

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    The Chinese government has formally expanded the Shanghai Free-Trade Zone (FTZ) to include the city’s Lingang area, which is home to US carmaker Tesla’s first overseas plant.

    The move has attracted 11 billion yuan (US$1.55 billion) worth of investment as of September 12, 2019, Chinese state media reported.

    The expansion of the free-trade zone was described as being part of Beijing’s efforts to further open up the country’s market and deepen economic reforms.

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Comment

  • OkayAnauktra News
    OkayAnauktra News  21 days ago

    I thought it was a 360 video. XD

  • HunterShows
    HunterShows  a months ago

    China drooling over capitalism and western technology.

  • US-Zionist Honey
    US-Zionist Honey  a months ago +2

    Central government, China has a smart move. They let HK destructed and disrupted by their own willingness as people around the world could see... This is democracy

  • Ken
    Ken  a months ago +1

    Didn't I say China can easily find a suitable replacement for Hong Kong in Shanghai. Where are all the stubborn and annoying people now who said Hong Kong can never be replaced?

  • Zico Bantawa
    Zico Bantawa  a months ago +1

    YouTube is supposed to be banned in China yet we find so many pro-Beijing trolls all the time!

  • Dan Man
    Dan Man  a months ago +3

    Game over, Hong Kong. Thanks for playing.

  • TK Baha
    TK Baha  a months ago

    FREE TRADE? IN COMMUNIST CHINA, CHINAZI, CCP? A TERRORIST ORGANIZATION, ISIS OF ASIA. DRUGGED XI JING PING, A KINDERGARTNER, GANGS' CHIEF OF TERRORISTS. THIS IS AN EVIL, CANCER NATION WITH ALL PATHOLOGICAL AND COMPULSIVE LIES. WESTERN NATIONS SHOULD DESTROY THIS COUNTRY WITH NO DOUBT ABOUT IT.

  • snuffythebloatedbat
    snuffythebloatedbat  a months ago

    I love china it's so racist and brainwashed. Can I visit a Muslim internment camp?I need brain washing.

  • Eric p
    Eric p  a months ago

    That won’t make a difference, people poured money into HK due to its democracy and transparency

  • Yugal Aggarwal
    Yugal Aggarwal  a months ago +3

    Why YouTube ban in China?
    You protect your country from international markets and enter in all.

  • Reine Mercado
    Reine Mercado  a months ago +8

    I feel like the plan was really to let Hong Kong fall so that Shanghai and Shenzhen can be far above and Sanya can rise. The fall of HK only benefits the powerful i.e. China, USA, and Asian oligarchs.

  • Mario Kang
    Mario Kang  a months ago +14

    "Unified China is inevitable" - Lee Kuan Yew. Then a lot of people still doubting about that, and the worst is, they are their own people itselves. They believe HK can be better without mainland. Keep dreaming, baby.

  • michael lei
    michael lei  a months ago +1

    Another great example of how the Chinese government waste tax payers’ money

  • satria amiluhur
    satria amiluhur  a months ago +12

    Westerners : China is not first world country

    Shanghai : hi, mate

  • gnak2
    gnak2  a months ago +1

    wu ppl better than cantonese ppl

  • Eps ரசிகன்
    Eps ரசிகன்  a months ago +5

    Honkong left the chat.. 😂👉🇭🇰

  • Shawn Li
    Shawn Li  a months ago +21

    The groups that benefited from HK rioters are Singapore, Shenzhen, Shanghai, Macau, Chinese umbrella & mask manufacturers, Chinese MRT screen and glass suppliers, Chinese black T-shirt manufacturers and Chinese police gear manufacturers and the only group of people that got the short-end of the stick is HK citizens, HK businesses, and HK rioter's parents since they'll be stuck in the same recession.

  • ALtr News
    ALtr News  a months ago +1

    I would love to see that slant eye guy searching for job in mainland.

  • diga Melo
    diga Melo  a months ago +4

    The next step: devaluation of the HK dollar. My estimate 50% devaluation. So instantly Hong Kong is a tier 2 city in terms of average income. Mainlander truck drivers will make HK girls their "mistresses". Karma karma karma.

  • Ernest Kwok
    Ernest Kwok  a months ago

    why not make the whole of china free trade zone? why only limit it to that small area?