Duty-free spending slumped 29.3% last year in China's island province of Hainan, where global luxury players from LVMH to Kering have set up shop, as a weak economy led to a sharp drop in numbers ...

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Duty-free sales in Hainan fell 29.3% last year The number of shoppers visiting Hainan fell 15.9% in 2024 Global luxury, beauty brands have invested heavily on island Slump may affect plan to make ...

Hainan’s duty-free market faced a 29% sales drop in 2024 due to fewer tourists and overseas competition.

President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, listens to the work report from the CPC Hainan ...

President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, listens to the work report from the CPC Hainan ...

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President Xi Jinping called on Tuesday for further emancipating the mind in the construction of the Hainan Free Trade Port to transform it into a crucial gateway for leading China's opening-up in ...

The lawsuit filed by the owners of the Rye Harbor Lobster Pound, which leases land from the PDA, alleges that former Port ...