Analysis: The many faces of social commerce in China
Inside Retail
JULY 26, 2021
According to the Ministry of Public Security China, in 2019, over 160 million people exited the country for pleasure or business, notably spending an average of US$1500 per person while abroad. A recent KPMG report has predicted Hainan to become the world’s biggest duty-free market in the next two years. Second-life commerce.
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