China plans to turn Hainan into an internationally influential commercial hub by the middle of the century. Illustration: Kuen Lau
China’s Hainan free-trade port plan draws approval, and scepticism, as questions linger over implementation
- Chinese businesses are heading to Hainan after Beijing last month unveiled plans to turn the island into a ‘free-trade port’
- But some investors and locals are taking a wait-and-see approach, wary that government promises may not translate into real rewards
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Hainan
China plans to turn Hainan into an internationally influential commercial hub by the middle of the century. Illustration: Kuen Lau