Hainan's $100 iPhone: China Opens a New Door as World Closes Its Own

An iPhone costing $100 less is a sign of a major policy shift on a tropical Chinese island. As global trade faces rising tariffs, China is opening its Hainan Free Trade Port wider. The island is being turned into a special economic zone with unique rules. The goal is to make Hainan, by 2025, the world's largest free trade port. This means easier business for global companies and lower prices for shoppers. Goods like electronics, cosmetics, and wine enter Hainan duty-free. This makes them cheaper for tourists and residents. The policy is a clear move towards more open trade at a time when other economies are raising barriers. Officials say the plan will make Hainan a key hub for international business and tourism. It represents China's commitment to a different kind of economic future.