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Special economic zone: who wins, who loses?
Former law professor and current associate faculty in the School of Business Connie Carter was interviewed by Global Finance in an article discussing special economic zones (SEZs) in Asia attempting to attract foreign investment.
“Instead of remaining ‘the World’s Factory,’ China now wants to become an innovator,” says Carter. “Not just ‘Made in China’ but also ‘Designed in China’ and ‘Invented in China.’”
In its push to develop a service-based economy, Carter says, “an experiment in the financial services industry is a logical next step.”
Read the full article here.