Those who tout the Hainan Free Trade Port are basically idiots. It's an opportunity for those within the system to seek rent and engage in regulatory arbitrage; ordinary people should just give up. Even established global free trade ports have been ruined, and now they want to create a new one when global trade protectionism is on the rise? How many years has the Northeast Revitalization Project been going on? What's the point? It's only revitalized Douyin and Kuaishou, though; all the internet celebrities speak with a Northeast accent.
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