
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
Illicit tobacco imports ripping off Aussie taxpayers of at least $640 million
TAXPAYERS have been ripped off by at least $640 million because of illicit...
Customs seizes P2.3-B in fake goods in Valenzuela
SOME P2.3 billion worth of counterfeit luxury-brand items and used clothings or...
MP to tackle illegal cig sales
An MP has vowed to stub out the illegal tobacco trade in Sherwood.Mark Spencer...
Directorate of Revenue Intelligence seizes gold worth ₹19.6 crore in Mumbai raid
The Directorate of Revenue Intelligence (DRI) has uncovered a gold extraction...