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HOME > PAST ISSUE > REPORTS [Premium content] > Regional FocusApril 2005
<i>Hainan has long had its place in the sun. Now if only it were 22km closer to the Mainland.</i>
This island of 8.11m people has had its up and downs over the years. As Morgan Stanley Chief Economist Andy Xie noted in a November report: "One can still see many unfinished buildings from 10 years ago." China's version of Hawaii was designated as a province and the country's only province-wide special economic zone in 1988, but it has been a hard road to prosperity. With GDP hovering around US$10bn (13.15% up on 2003), Hainan is hardly an economic giant. Cut adrift from Guangdong, ...
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