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Behind China’s 24 New Free Trade Zone Reforms Lies a Bigger Shift: Bonded Zones Are Being Rebuilt for the Domestic Economy – EastMud
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Behind China’s 24 New Free Trade Zone Reforms Lies a Bigger Shift: Bonded Zones Are Being Rebuilt for the Domestic Economy – EastMud
By: Elena Rostova – SeaPRwire – For years, China’s comprehensive bonded zones were designed around a simple formula. Raw materials came in. Finished goods went out. The domestic market sat largely outside that equation. That model generated enormous trade volume, but it now faces a ceiling. The newly released package of 24 reform measures signals something more significant than administrative fine-tuning. It reflects an effort to redesign bonded…
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