In the News: Hainan Free Trade Port; Credit Suisse JV; and US-China Flights

June 08, 2020 | BY

Vincent Chow

Major plan for Hainan to become globally-recognized free trade port released; Swiss bank Credit Suisse takes majority control of securities JV; and U.S.-China animosity extends to aviation industry with bans and walk backs

Hainan to become China's first free trade port

The southern island province of Hainan will become China's first free trade port. On June 1, the Central Committee of the Communist