As Hainan pushes ahead with its free-trade port, the tropical island is emerging as a potential rival to Hong Kong’s long-standing role as a regional shopping and low-tax hub – even as both sides signal interest in closer cooperation. Since launching a separate customs regime three months ago, Hainan – now a gateway to the…
Beijing’s top official overseeing Hong Kong affairs held a three-hour closed-door discussion with local tycoons and business leaders on the third day of his inspection trip to the city on Friday. Xia Baolong, director of the Hong Kong and Macau Affairs Office, also visited Ocean Park in the afternoon before taking a boat trip to…
Beijing’s top official overseeing Hong Kong affairs held a three-hour closed-door discussion with local tycoons and business leaders on the third day of his inspection trip to the city on Friday. Xia Baolong, director of the Hong Kong and Macau Affairs Office, also visited Ocean Park in the afternoon before taking a boat trip to…