China Touts Hainan, Its Duty-Free Island, Amid $1 Trillion Trade Surplus
- Posted on January 7, 2026
- Hainan Island (China)
- By The New York Times
- 6 Views
China Touts Hainan, Its Duty-Free Island, Amid $1 Trillion Trade Surplus
Policies meant to lure importers to Hainan, a resort island off China’s coast, signal an opening up, Beijing says. One expert calls it a “bait and switch.” continue reading...