![](https://www.ficcicascade.in/wp-content/uploads/2018/08/Ficci-130.jpg)
Fake Domestic Products Push Chinese Consumers to Shop Overseas
SEOUL, Jan.26 (Korea Bizwire) – The Chinese Spring Festival, which is the biggest holiday in China, and the period when the most Chinese people travel abroad, will start in two weeks. As Chinese tourists are known for clearing out the shelves when shopping, nearby countries such as Korea and Japan are looking forward to the visitors. However, the Chinese government is not happy, as the money that would otherwise be spent in the domestic market is leaking out to foreign countries.The Chinese government is working hard to bring overseas spending back to China. One of the biggest reasons Chinese consumers shop abroad is because of the difference in the quality of products. Chinese consumers think that products from Korea or Japan offer better quality compared to their own. The Chinese government is trying hard to change the perception of local consumers.
http://koreabizwire.com/fake-domestic-products-push-chinese-consumers-to-shop-overseas/48874
Related Posts
Hyderabad police busts fake currency printing gang, Rs 16 lakh seized
The City police on Thursday busted a fake currency printing gang and arrested...
Cigarette smuggling causing over Rs 7b loss annually
Smuggling of cigarettes of different brands and tax evasion causes a loss over Rs...
P500M worth of smuggled goods seized in Tondo raid
MANILA, Philippines—Police seized about P500 million worth of smuggled goods in a...
NT$60 million worth of smuggled cigarettes seized in Kaohsiung
Kaohsiung Customs has seized 1.35 million packs of cigarettes worth NT$60 million...