Israeli attacks leave at least 20 dead in Gaza
By Rodrigo Santos Andrade
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At the recent 2025 Central Economic Work Conference in Beijing, China’s leadership seeks to continue implementing a more proactive fiscal policy and a moderately loose monetary policy while keen on boosting local consumption. Raising domestic demand is seen as crucial to ensuring the Chinese economy’s long-term growth and stability. Key to these plans is the island-wide Hainan Free Trade Port, built to be the world’s largest. Its special customs operations make the island a busy hub between China and the world. Hainan’s expanded zero-tariff goods list and widening visa-free entry is a shift to a broad opening-up. In today’s world economy, where protectionist barriers and “decoupling” effects have driven uncertainty, Hainan offers a stable and predictable environment. So, how mature is China’s opening-up efforts? How far could Hainan go as an international free port?
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