China had implemented some new Hainan policies that had impacted Singapore's economic growth. What had been impacted already?
Basically, the cargo volumes, ship calls and oil bunkering sales had been affected by the new Hainan policies. Thereafter, MICE activities and tourism would be affected over a longer period. Let's not forget that Hainan is about the same size as Taiwan and it can have a lot of development potential, particularly, developing into another sea hub that can rival Singapore.
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