# trade liberalisation

Hainan’s One-Month Boom: How China’s Sealed-Border Free-Trade Port Has Unleashed a Shopping and Investment Rush

One month after China sealed Hainan as a full free-trade port, duty-free retail, tourism and new business registrations have surged. Cheaper imports, expanded visa-free access and relaxed tariff rules have turned the island into a magnet for shoppers and firms, but the rapid boom poses sustainability and distributional questions.