Revenge Tag

China had a blockbuster Latest Yr because the country reemerged from three years of lockdowns and COVID-19 woes.  Based on the most recent data from the National Taxation Administration, retail sales in the course of the week-long Chinese Latest Yr, which ran from Jan 21 to 27, increased greater than 12 percent in comparison with the 2022 holiday season.  In Hainan, China’s duty-free island, every day average sales exceeded 350 million renminbi, or $51.8 million, which is greater than triple that of pre-pandemic levels. Sales at 12 duty-free shopping centers totaled 2.57 billion renminbi, or $380 million, during certainly one of China’s most vital holiday seasons. Consumers select perfumes at a duty-free store at Haikong Global Boutique Duty Free City in the course...