Source: China – South China Morning PostChina’s duty-free market is forecast to grow fourfold to 258 billion yuan (US$40 billion) in 2025, a new report says, as the government looks to boost domestic consumption to shore up the economy.The duty-free market in China was estimated to be worth 66 billion yuan last year, according to a report by The Economist Intelligence Unit (EIU) published on Saturday. But it is poised to quadruple in value in three years’ time, provided Beijing clears strict quarantine mandates for international…Read More