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New Money-Making Channel for Global Businesses: China’s Hainan Free Trade Zone

In a significant move as the U.S. announced restrictions on entry from 40 countries, China has furthered its opening-up efforts by officially launching the Hainan Free Trade Port on December 18th, Beijing time. With this, global goods will enter Hainan duty-free, and the number of countries whose citizens can enjoy a 30-day visa-free stay in