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During the pandemic, Hainan emerged as China’s most popular duty-free shopping destination thanks to preferential government policies and a raft of new openings from international luxury brands. But with pandemic-era restrictions a thing of the past, will Hainan retain its duty-free crown? Hainan’s location in the warm waters of the South China Sea has long made it a haven for fishing and agriculture and, in more recent years, tourism. However,…