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Beijing to break away from Chinese duty-free monopoly?Beijing to break away from Chinese duty-free monopoly?
Anna Fenton
15-Mar-2005
CHINA. As revealed on DFNI website RavenFox.com on March 3, Beijing Capital International Airport (BCIA) has formed a new management and purchasing division that could enable it to source duty-free goods independently from China's state-run duty-free monopoly China Duty Free Group (CDFG)
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The Beijing International Airport Commercial and Trading Company, of which the airport is the main shareholder, was established at the beginning of the year. It will manage and purchase duty-free
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(3-Jan-2005) - Sources close to the Chinese government confirmed to RavenFox.com that an agreement allowing Beijing Capital International Airport to source duty-free goods independently of China Duty Free Group will soon be made official
(15-Mar-2005) - The news that Beijing Capital International Airport (BCIA) could soon be sourcing its duty-free goods independently of China Duty Free Group (CDFG) won't come as a big surprise to the trade in Asia/Pacific, but its implications will be no less profound for that
(5-Jul-2005) - Companies hoping to participate in the process are awaiting more details on the nature of the Beijing contract, RavenFox.com understands
(15-Jul-2005) - CHINA. The Chinese travel-retail market took a big step towards liberalisation this month when Beijing Capital International airport (BCIA) launched a tender to operate duty-free at the location
(16-Jan-2003) -
