Hainan - Febspot

Hainan

A collection of 3 posts

Evergrande’s Ocean Flower Island remains half-built and largely empty in Hainan — Static01.nyt.com

Evergrande’s Ocean Flower Island remains half-built and largely empty in Hainan

Ocean Flower Island, a cluster of man-made islets off Hainan built by Evergrande as a $12 billion attempt to mimic Dubai’s Palm, remains partially completed and largely empty and is now under the control of the Danzhou municipal government. The sprawling development includes a mall, a conference center, high-rise

Russian Tourists Flock to Hainan’s Sanya After Beijing Eases Visas — Static01.nyt.com

Russian Tourists Flock to Hainan’s Sanya After Beijing Eases Visas

Russian tourists have flooded the beaches of Sanya on China’s Hainan Island, drawn by warm weather and Beijing’s visa-free travel policy, creating a prominent winter resort scene, The Times reported. The Times said the number of Russian visitors to Hainan rose elevenfold between 2023 and 2024, and that

China declares Hainan a tariff-free free-trade port while mainland protections remain — Static01.nyt.com

China declares Hainan a tariff-free free-trade port while mainland protections remain

China has declared the island province of Hainan a tariff-free “free trade port,” scrapping most import tariffs and cutting corporate and individual taxes on the resort island off the country’s southern coast, Beijing said. The government and state media have promoted Hainan as the world’s largest free trade