Commerce Minister Gao Hucheng told Xinhua News Agency on Aug. 31 that the government has given the go-ahead for pilot FTZs in six provinces and one municipality: Liaoning, in the northeast; Shaanxi, in the northwest; Zhejiang, in the east; Henan and Hubei, in central China; and Sichuan and the city of Chongqing in the southwest.
Gao did not offer details about the size or the exact locations of the new special trading areas.
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
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