It is the world's largest duty-free operator, a Swiss group going by the name of Dufry. Dufry is living proof of the contention that while shopping in airports is duty-free, it is not by any means profit-free. This is where the Chinese investors come in. Dufry, as the world's largest duty-free retailer, could thrive in a new restrictive trade environment. After all, foreign travel is a way for the Chinese middle class to enjoy their wealth and reduce trade imbalances - a Chinese government policy.

Source: Irish Independent January 07, 2019 02:26 UTC