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Leaked Document Shows How Beijing Woos Foreign Firms to Prop Up Free-Trade Zones
The Chinese regime has been rolling out free-trade zones (FTZs) in recent years in an effort to entice foreign investments in the country. Since its initial effort in Shanghai in 2013, China has now expanded to about 20 FTZs.
A leaked document recently obtained by The Epoch Times reveals how the Chinese Communist Party (CCP) went about wooing foreign companies for its FTZ at Hainan, an island province located in the South China Sea.
Hainan, which is roughly the size of Maryland, was designated an FTZ by Chinese leader Xi Jinping in April 2018. That month, China’s cabinet-like State Council announced a guideline outlining reforms and measures that the provincial government should undertake, including how the proposed FTZ should later transition to a free port “with Chinese characteristics.”
English By Radio Free Asia Share on Facebook
Thailand has rejected a new technical report on Laos’ Sanakham dam project, one of nine large-scale Mekong river mainstream dams integral to Vientiane’s controversial economic strategy of becoming the “Battery of Southeast Asia.”
The 684-megawatt Sanakham dam is one of seven dams in various stages of planning. At a cost of about $2 billion, it would take eight years to complete once construction starts in Laos’ northwestern Xayaburi province.
Thailand’s Office of National Water Resources told RFA’s Lao Service on Tuesday that it does not accept the revisions submitted Jan. 15 to the Thai National Mekong River Committee by the Chinese dam developer Datang Corporation Limited.