Chinese Free Trade Zones Revolutionize Economy, U.S. Zones Lag Behind
The article compares U.S. foreign trade zones with Chinese free trade zones. It looks at the laws that regulate these zones and how they impact the economy. Chinese free trade zones have helped boost manufacturing, jobs, and exports. The article examines the legal framework, performance, and economic benefits of these zones in both countries. It also discusses the challenges facing Chinese free trade zones and suggests ways to improve them.