Silk Road hub or tax haven? China’s new border trade zone may be less than it seems

Jun 4, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

HORGOS, China/KHORGOS, Kazakhstan (Reuters) – On the border of China and Kazakhstan, an international free trade zone has become a showpiece of Chinese President Xi Jinping’s signature “Belt and Road” Initiative to boost global trade and commerce by improving infrastructure and connectivity.