Building A Global Financial Center In Shanghai

The government of the People's Republic of China has set a goal of turning Shanghai into a true global financial center by 2020, a target with which the municipal government of Shanghai is in enthusiastic agreement. This objective is a highly desirable one for Shanghai, and China as a whole, because breaking into the very exclusive inner circle of such centers would bring substantial economic gains, increased "Soft" geopolitical power, and a large pool of lucrative jobs.

Provided by: Brookings Institution Topic: CXO Date Added: Jun 2011 Format: PDF

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