China’s Hainan wants more than beach tourism. Will new customs rules cause a sea change?

Mar 23, 2026 | INVESTING

As China undergoes a sweeping economic transition, its regions are also in the process of embracing change. The powerhouses of yesteryear must adapt or risk falling behind, as traditional industries become less reliable growth drivers and new sectors take prominence. In this series, we explore three representative areas of the country as they attempt to navigate this rapidly changing environment.
After Joyce Wu moved from Hainan province to Hong Kong in 2013, she marvelled for years at the…

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