A new government program seeks to jointly develop China’s tax and duty free industry with the aim of building a well-rounded ecosystem “with Chinese characteristics.” Image credit: Shutterstock
Solving the dual outflow: Chinese department stores eye duty free license
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"17f33968c5de3b91121ae8392ebe7986","s":"290027321e9e92dd"}