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China bets on province the size of Belgium to reshape global trade
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China bets on province the size of Belgium to reshape global trade

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The Chinese Communist Party has officially turned the island province of Hainan into a free trade port, one of the government's most ambitious economic experiments to date.

As of December 2025, new laws came into effect making Hainan a separate customs zone and consolidating a favorable regulatory environment in the southernmost province of China. The move contrasts with the current global trend of protectionism, as man... [4616 chars]

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Source: Euronews.com

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