On Oct. 28, 2014,
Mr. Edward Lehman
, Managing Partner of
Lehman, Lee & Xu
joined the
CCTV
program
Dialogue
as a guest speaker to discuss recent indications that The
Shanghai
Free Trade Zone
(FTZ) will be a model in the establishment of similar zones throughout China.
The Shanghai FTZ was established in 2013
with the goal of making it easier to do business and in particular easing currency exchange restrictions on the RMB. From Oct. 2013 to Sept 2014, the FTZ’s exports reportedly hit 196.5 billion Yuan and imports 551 billion Yuan.
The discussion included analysis and commentary on the
current state of the Shanghai FTZ
,
whether it has been a success
, Xi Jinping’s plan to “
Plant the Seeds
” of the Shanghai FTZ elsewhere within China, and the potential for these reforms to transform the broader Chinese economy.