Sunday, May 29, 2016

China bets on duty-free paradise to keep luxury spenders at home

SANYA, China, May 30 (Reuters) - China's efforts to lift

local consumption, spur domestic tourism and keep within its

borders citizens that splurge in Milan or Seoul have spawned a

duty-free paradise on the southern island of Hainan that it

hopes will satisfy a lust for luxury.

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