Risk Watch: What the Opening Up of Hainan Entails

China’s State Council released a reform agenda for Hainan, a southern Chinese island, on April 14. Some noteworthy details in the agenda include: Exploring the development of sports lottery and instant lottery on big-scale international games Encouraging horse racing, beach sports, water sports, and other projects. Beijing also supports the creation of a national sports …

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Politics Watch: Decoding Xi’s Hainan Free Trade Port Move

On April 13, the Chinese Communist Party (CCP) and the State Council announced that a free trade zone would be build in Hainan by 2020, and a free trade port by 2025. Multinationals are encouraged to establish their regional and international headquarters there, according to the announcement document. The backdrop: Last November, new Politburo Standing …

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