Duty-free spending surge in Hainan prompts launch of new supply route
  • Alibaba’s logistics arm is boosting the supply of luxury goods for Chinese shoppers unable to travel, with a new cargo route between Singapore and Hainan island
  • The luxury goods market in China grew 48 per cent in 2020, and the surge in duty-free spending in Hainan is key for brands reliant on Asia to ride out Covid-19
23 Apr 2021 - 11:57AM