ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business trends

China grabs global top spot in duty-free shopping amid pandemic

State-owned operator benefits from 'Hainan' effect during travel slowdown

HONG KONG -- The coronavirus pandemic has ravaged the world's travel-related industries, but the sector is recovering faster in China than other countries with the help of government policies. Chinese airlines, for example, while still losing money, are rapidly resuming flight operations.

Now, a Chinese state-owned operator of duty-free stores has claimed the top global position in the sector as measured by revenue. China Tourism Group Duty Free has surpassed Dufry Group, based in Basel, Switzerland, in sales for the first half of the year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more