Lessons to Be Learned from the Shanghai FTZ.

In the article, the author discusses economic developments in China as of August 2014, particularly the importance of the Shanghai Free Trade Zone (FTZ) on the country's economic policy. He compares the FTZ to the so called "shock therapy" advanced in Russia and Eastern Europe in the 1990s. He cites the opinion of Chinese President Xi Jinping on the FTZ, the negative list approach to foreign investment, and the sectors open to foreign investors like oil refinery and nonferrous metal smelting.