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Operations formally kicked off Sunday at a new free trade zone in Shanghai that China's government has billed as a major step for financial reforms and economic experimentation, but significant changes look to be years away.

It is seen as a testing ground for long-awaited market reforms in the world’s second largest economy

Citigroup has received regulatory approval for its Chinese unit to start setting up a branch in Shanghai's new free-trade zone, making it among the first foreign banks to target business in the new economic experiment.

China opened its new Shanghai pilot free trade zone Sunday that has been called a test for deepening market-oriented financial reforms for the next decade, state media said.

Reforms in the zone will be closely-watched as a key test of China's ability to make long-pledged structural changes as it attempts to shift its economic model in the face of slowing growth.    

Peter Lee's father and uncle fought for then-controversial Medicare 50 years ago. Now the Covered California chief must enroll millions in Obamacare, and his performance may set the tone for other states. Republicans in Congress are railing against the healthcare law as a government takeover of medicine. The massive program ...

Falhas na infraestrutura são apontadas como o maior empecilho para o crescimento econômico

Open enrollment on the health insurance exchanges begins Tuesday. Consumers must sign up by Dec. 15 for coverage that starts Jan. 1. Key information for consumers:

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