Hainan mulls tax on vacant homes

Updated: 2012-02-13

Political advisers in South China's Hainan province urged authorities to levy taxes on vacant homes in popular travel destinations to discourage speculation and cool the island's overheated property market.

Hainan expands duty-free shopping with second store

Updated: 2011-12-22

Hainan opened a second duty-free store on Wednesday, following the success of the first, which since April has boosted domestic tourism to the province in South China.