CHINA. All eyes are on Hainan. That’s the simple message for the travel retail sector as China steps up its efforts to stop any ‘second wave’ of COVID-19 cases being imported from overseas.
Those efforts are well-documented in a Sky News online report today. China is building a ‘fortress’ to ensure that new cases are not imported, writes Sky News Asia correspondent Tom Cheshire from Dalian in an excellent online article (click here to read) that underlines the strict – but vital and highly effective – measures being taken by China to eradicate a feared second wave of cases brought in from abroad.
For the travel retail sector that means only one thing. Focus on Hainan and the resort island’s lucrative offshore duty free industry.
How long such measures will remain in place is uncertain but one thing is for sure – any early recovery in Chinese travel will be dominated by intra-Chinese travel.