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  • September 20, 2014
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  1. News - Hong Kong - CRIME

    SCMP photographer slapped and abused near border

    Posted Mar 01st 2013, 12:00am by Emily Tsang

    ... none of your business that we are parallel trading. No pictures," one of the two men said. Others left the scene when police arrived but the two men were arrested. Post editor-in-chief ... and abused near the border Police arrested two men yesterday after a South China Morning Post photographer taking pictures of mainland parallel-goods traders stocking up on milk powder was slapped ...

  2. News - Hong Kong - LETTER OF THE LAW

    No easy formula to resolve row over milk powder

    Posted Mar 12th 2013, 12:00am by Simon T.M. Ng

    ... the problem to parallel trading, which has diverted large quantities of milk powder from the local supply, causing the local demand to be unmet. The government finally took steps to tackle the problem ... be possible. Parallel trading per se is not an offence. In fact it is part of Hong Kong's economic freedom, which residents take pride in. The new measures gained wide local support but also ...

  3. Business - China Business - MONITOR TOM HOLLAND

    Worrying economic parallels between China and India

    Posted May 21st 2013, 12:00am by Tom Holland

    ... Tom Holland Worrying economic parallels between China and India China and India are very different countries with very different economies. But visiting his opposite number in New Delhi this week, Chinese premier Li Keqiang may well have been struck by some disquieting parallels. After years of rapid expansion, each country is now seeing a steep decline in its rate of economic ...

  4. Comment - Insight & Opinion

    A slap at our core Hong Kong values

    Posted Mar 02nd 2013, 12:00am

    ... therefore, when such antipathy for one of our core values raises its head at home. In this case the target was South China Morning Post photographer May Tse, while she was photographing parallel ... carrying out her photographic assignment in an open public space where there was no issue of privacy. It was probably a case of overreaction from the parallel traders, but the fact that the two ...

  5. News - Hong Kong - PARALLEL-GOODS TRADING

    Shenzhen sets limits for frequent Hong Kong visitors

    Posted Feb 07th 2013, 12:00am by Stuart Lau

    ... here. But the parallel-goods trading has continued since last week's announcement. Some 91 cases, involving 53 mainlanders and 38 Hongkongers, have been reported by local customs officers ... on suspicion of being involved in parallel-goods trading. Cheung reiterated the department's determination to enforce the restriction once it's in place. There would be no exceptions ...

  6. Comment - Insight & Opinion

    Officials taking the wrong approach to resolve infant formula shortage

    Posted Feb 01st 2013, 12:00am by Albert Cheng

    ... Let's be clear, though: parallel trading is not illegal. In fact, it is a legitimate and common economic activity the world over. This practice exists due to the difference in taxes imposed ... and selling them to mainlanders in mass quantities. It's no different from the way our property market works. Moreover, the majority of people involved in the parallel trading of baby formula ...

  7. Comment - Insight & Opinion

    Officials must secure supplies of milk formula for local mothers

    Posted Feb 01st 2013, 12:00am

    ... by cross-border parallel trading, such as declaring it a reserved commodity subject to controls that ensure a stockpile for a stable local supply. The only other essential food still controlled ... officials felt a sense of urgency about enforcing their own laws. Parallel trading, after all, is not illegal in Hong Kong. But on the mainland it amounts to smuggling, because the traders evade ...

  8. Comment - Letters

    Milk powder quota is wrong

    Posted Mar 12th 2013, 12:00am by LETTERS

    ... Restricting milk powder sales is bad for businesses Putting hard administrative restrictions on cross-border trade of milk powder is a policy which brings a very high cost to all parties. ... as much milk powder as they want and bring it to wherever they wish, the arrangement that existed before the new restriction was imposed. Second, have a special tax be charged on milk trading ...

  9. News - Hong Kong - IMMIGRATION

    Plan to limit Shenzhen-Hong Kong border crossings

    Posted Dec 28th 2012, 12:00am by Amy Nip

    ... Amy Nip amy.nip@scmp.com Mainland authorities may restrict multi-trip permits for Shenzhen residents coming to Hong Kong in bid to curb parallel trading Plan to limit HK border crossings Mainland authorities may limit the number of times Shenzhen residents can cross the Hong Kong border in a day as part of efforts to clamp down on parallel trading. An anti-smuggling office ...

  10. Comment - Letters

    Traders' threat to baby milk stocks

    Posted Feb 01st 2013, 12:00am

    ... matters into their own hands in preventing parallel traders from snapping up milk formula. When this problem arose last year, I originally held the belief that this was only a passing occurrence, ... cracking down on illegal immigration, there have not been any new regulations to stop the still-increasing number of parallel traders coming in to Hong Kong. The situation is so bad that ordinary ...




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