A Chinese official wants to turn a disputed South China Sea island into an offshore banking hub

A Chinese official has a novel plan for Woody Island, a tiny, tropical and very much contested speck in the South China Sea. Han Fangming, a businessmen and political adviser, said this week that the government ought to turn the less-than-one-square-mile outpost into China’s version of the British Virgin Islands. His pitch is to use […]











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