this post was submitted on 18 Dec 2025
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China’s Hainan launches separate customs regime allowing tariff-free imports (www.scmp.com)
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China’s southern Hainan province implemented a separate customs regime on Thursday, as Beijing seeks to develop the island into an offshore financing and duty-free hub and position it as a strategic hedge against rising external trade barriers. The new customs regime creates two distinct customs boundaries for Hainan: one separating the island from overseas markets, and another dividing it from the rest of mainland China. Most overseas goods entering the island – which is roughly the size of...

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