Posted inBeijing, China, European Union, Russia, World

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

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. Chinese state media are filled with stories about the stunning success of Horgos, the youngest city of China’s new […]