Since the Chinese communist regime officially launched the Hainan Free Trade Port (FTP) on Dec. 18, local residents have said on social media that new policies surrounding the port have driven up the cost of living, while analysts have expressed skepticism over whether the trade port is truly free while under the control of the Chinese Communist Party (CCP), with some pointing out the military agenda in launching the port.
The Chinese regime has designated Hainan, a southern Chinese island province, as a duty-free zone, separating it from mainland China in an attempt to attract foreign investment amid the sluggish economy and wave of withdrawals of foreign companies from China. The regime also aimed to establish a new Hong Kong-style commercial hub, after the international port city lost its de facto status as the only true free trade zone under the CCP’s control….
CCP’s Hainan ‘Free Trade Port’ Attracts Residents’ Complaints, Experts’ Skepticism
