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China’s Hainan sees surge in coronavirus-related binge shopping as pandemic kills overseas travel

Summary:
[unable to retrieve full-text content]At the end of last year, President Xi Jinping said Hainan, China’s southernmost island province, was rapidly developing into a duty-free port – an indication that his “dual circulation” economic strategy was already paying dividends.The island is being promoted as somewhere Chinese who are unable to travel overseas because of the coronavirus pandemic can head for binge shopping, making it a model for the expansion of domestic demand linked to the world economy that Xi hopes to achieve in the…

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[unable to retrieve full-text content]
At the end of last year, President Xi Jinping said Hainan, China’s southernmost island province, was rapidly developing into a duty-free port – an indication that his “dual circulation” economic strategy was already paying dividends.The island is being promoted as somewhere Chinese who are unable to travel overseas because of the coronavirus pandemic can head for binge shopping, making it a model for the expansion of domestic demand linked to the world economy that Xi hopes to achieve in the…

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