China Opens World’s Biggest Duty Free Mall A view of the Sanya Haitang Bay International Shopping Mall in Sanya, Hainan

China Opens World’s Biggest Duty Free Mall

A view of the Sanya Haitang Bay International Shopping Mall in Sanya, Hainan, the world’s biggest duty free mall.

With its government crackdown on corruption and excessive spending, luxury is no longer booming these days in China. But that hasn’t stopped one state-owned company from betting big that Chinese shoppers will be back buying the finer things en masse.

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