Impact of Increased Duty-Free Limit in Hong Kong on Mainland Shoppers
Monday, 1 July 2024, 10:00
![South China Morning Post](https://store.livarava.com/83cc4aa1-3792-11ef-b470-e3c1366536d6.jpg)
Impact of New Duty-Free Limit in Hong Kong
Mixed Reactions Among Mainland Shoppers
- Complex Dynamics: The adjustment in the duty-free limit has led to varied responses.
- Industry Skepticism: A retail trade body leader maintains reservations about the impact on declining sector.
- Challenges Remain: High rents and wages continue to pose obstacles for retailers.
The new threshold in duty-free regulations sheds light on the ongoing struggles faced by the retail sector in the region.
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