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conflictLOWCN2026-04-23 14:27 UTC

Hainan was China’s shopping paradise. For Beijing that’s no longer enough.

Beijing’s message is unmistakable: If Hainan can no longer thrive merely as a place for domestic shoppers to buy their perfume and handbags, it will have to become a place to process goods, attract overseas capital and experiment with a more open economic model.

ORIGINAL SOURCE →via MarketWatch
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