Anything but an easy ride for Shanghai

June 06, 2009 | BY

clpstaff &clp articles

However you define an international financial centre, there are many hurdles ahead for Shanghai

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Phil Taylor

The government has announced its goal of turning Shanghai into an international finance and shipping centre by 2020. But before it can get there, the city will have to overhaul its legal and regulatory system, say lawyers. And ultimately Shanghai's success depends on the will of the government.