The BRI and the Free Trade Zones Strategy
In this Asia-Pacific Insight, Fabien Pacory explores the impact and influence of Free Trade Zones in China's Belt and Road Initiative. Free Trade Zones have more than a role to play in Beijing's strategy, he explains. In various countries, these zones serve various purposes, starting with an economic laboratory role and a pro-reform role which eventually help making the initiative stronger and stronger. There is a genuine strategy here, Pacory explains. The question is: which one?