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BEIJING, April 14 (Xinhua) -- China has decided to set up an investment fund to support Hainan's development of a free trade port, according to a document unveiled Saturday.
"There is no place like home," he said.
With total investment of 286 million yuan (about 45 million U.S. dollars), the construction plan has been approved by authorities, an unnamed MEP official said.
China's development will benefit its neighboring countries, Li said, adding that China will work with ASEAN countries, including Singapore, to build a community of interest and destiny.
Across the Atlantic, the air is also filled with fury. Commenting on the steep tariffs, the German Engineering Federation expressed concerns about the possibility of a "global trade war" creating a "spiral of reciprocal tariffs."