With just over a full year under its belt China’s (FXI, quote) FTZ or Free Trade Zone has seen over 121 billion U.S. dollars in trade.
The FTZ has increased trade volume by 6.5% compared to the previous year and accounts for over 26% of foreign trade in Shanghai. Shanghai is the location of the FTZ test.
With over $90 (USD) billion in imports ranging from health products, medical autos and aircraft global equities should benefit nicely.
Look for follow through in China’s major trade partners – U.S., Japan, Euro Zone and ASEAN Region.