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Major Government Commitments to International Status for Hainan
I find it an interesting coincidence that public proclamations by the Chinese government are occurring JUST before the Chinese New Year to make Hainan Island an "international" destination, feeding the frenzy of rising property prices down here. Such PR proclamations have been heard before and are nothing new. However, at this time, we can see clear evidence that the real estate and resort development efforts are decidedly more to the upscale and luxury market including the world's most famous luxury hotel brand names and world-class golf resorts.
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