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π° **Hainan was Chinaβs shopping paradise. For Beijing thatβs no longer enough.**
Beijingβs message is unmistakable: If Hainan can no longer thrive merely as a place for domestic shoppers to buy their perfume and handbags, it will have to become a place to process goods, attract overseas capital and experiment with a more open economic model.
π https://www.marketwatch.com/story/hainan-was-chinas-shopping-paradise-for-beijing-thats-no-longer-enough-c2535a40?mod=mw_rss_topstories
#markets #news
Beijingβs message is unmistakable: If Hainan can no longer thrive merely as a place for domestic shoppers to buy their perfume and handbags, it will have to become a place to process goods, attract overseas capital and experiment with a more open economic model.
π https://www.marketwatch.com/story/hainan-was-chinas-shopping-paradise-for-beijing-thats-no-longer-enough-c2535a40?mod=mw_rss_topstories
#markets #news