
X-Med10
12.8K posts


















@ajamubaraka USA just need to stop Chinese from stealing American research, reverse engineering American weapons with help of Pakistan & dumping their cheap good made by helpless cheap laborers in USA @nytimes @WhiteHouse @PeteHegseth @marcorubio Try to see China in whole, not selectively

The island province of Hainan, will be the subject of China's biggest economic experiment since 1978. China is turning Hainan into our own RMB tax haven, here's how it works: 🪙Hainan will become a duty free, low tax province. With complete free flow of capital into and out of the island. 🪙Foreign banks can operate on the island with way fewer restrictions than on the mainland. You can then set up a Hainan Free Trade (FT) account, which will allow seamless exchange of funds between Chinese Yuan and other currencies. This will allow foreigners to invest in China and Chinese stock market seamlessly. It will also allow Chinese company to invest abroad without intermediaries. 🪙The low corporate and income tax will attract people from mainland China and rest of the world to live there. 🪙The island will be duty free, allowing it to become the logistics hub and even manufacturing center directly facing the global market. Hainan's proximity with Southeast Asia will turn it into a bridgehead for China's largest trade partner. 💰Basically, China is creating a tropical paradise with no tax. Hainan will be our Cayman Islands + Monaco + Singapore + Bahamas + Miami.














