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China’s Demand for Luxury Goods Gets Own Cargo Route

  • Boosting luxury supplies for Chinese consumers stuck at home
  • Firms reassess how to reach mainland shoppers during pandemic
WATCH: Alibaba’s logistics arm launches daily cargo flights between Singapore and Hainan to bring luxury goods to Chinese shoppers whose ferocious demand for high-end shopping has cleared out boutiques on the mainland.(Source: Bloomberg)
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Alibaba Group Holding Ltd.’s logistics arm is launching direct cargo flights between Singapore and China’s Hainan Island, seeking to bolster the supply of luxury goods for voracious Chinese shoppers after the pandemic halted global travel.