China to expand limited FTZ reforms nationwide

China will expand some reforms from its first free trade zone in Shanghai nationwide, it said Thursday, even as foreign firms show disappointment over the slow pace of change in the FTZ. The Chinese commercial hub set up the FTZ in September 2013, with the promise of a range of financial reforms, including full convertibility of the yuan currency and free interest rates -- which remain unfulfilled. The State Council, or cabinet, announced that 22 measures from the FTZ will be "replicated&qu