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TASS — Sales at Hainan’s duty free stores doubled since July 1 reaching $ 1.8 billion

Summary:
Replacing Hong Kong as "the pearl of the Orient." It was happening anyway regardless of "the troubles." Hong Kong's period of usefulness is winding down as China rises.TASS (Russian state-sponsored media)Sales at Hainan's duty free stores doubled since July 1 reaching $ 1.8 billionSee alsoCGTN (Chinese state-sponsored media)CGTN: Shanghai's Pudong to be pioneer in China's new reform drive

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 Replacing Hong Kong as "the pearl of the Orient." It was happening anyway regardless of "the troubles." Hong Kong's period of usefulness is winding down as China rises.

TASS (Russian state-sponsored media)
Sales at Hainan's duty free stores doubled since July 1 reaching $ 1.8 billion

See also

CGTN (Chinese state-sponsored media)
CGTN: Shanghai's Pudong to be pioneer in China's new reform drive
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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