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Results 1 - 4 of 4 for cross-border traders

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  1. News - Hong Kong - TRADE

    Sheung Shui prices soar as mainland traders buy in bulk

    Posted Sep 17th 2012, 12:00am by Kristie Wong, Amy Nip

    ... Kristie Wong and Amy Nip Cross-border flood of traders into Sheung Shui inflates cost of shop items by up to 20 per cent Prices soar in bulk-buying frenzy The average price of everyday ... of traders who buy goods in bulk in Hong Kong to dodge high taxes on the mainland. It's also a popular with mainland residents with multi-entry permits who stock up on goods for personal use ...

    http://www.scmp.com/news/hong-kong/article/1038591/sheung-shui-prices-soar-mainland-traders-buy-bulk
  2. News - Hong Kong - TRADE

    50 parallel trading cases detected in HK-Shenzhen border crackdown

    Posted Sep 17th 2012, 12:00am by Clifford Lo, Amy Nip, Kristie Wong

    ... detected in the past week as a result of an enhanced crackdown by Hong Kong and Shenzhen customs authorities on illegal cross-border exports. Thousands of people make their living by buying ... in the New Territories. Since border customs officers stepped up co-operation on September 7, Hong Kong authorities have referred 150 suspected parallel traders to their mainland counterparts, ...

    http://www.scmp.com/news/hong-kong/article/1038593/50-parallel-trading-cases-detected-hk-shenzhen-border-crackdown
  3. News - Hong Kong - TRADE

    Multi-entry permits help thousands of parallel traders cross into HK daily

    Posted Sep 17th 2012, 03:05am by Clifford Lo, Amy Nip, Stuart Lau

    ... Based on these numbers, the parallel traders, who make a profit by evading import taxes charged by the mainland authorities, account for at least 2.2 million cross-border trips a year. Although ... official during a recent meeting of a newly formed working group between Shenzhen and Hong Kong customs authorities to combat illegal cross-border exports. The disclosure comes at a time when ...

    http://www.scmp.com/news/hong-kong/article/1038800/multi-entry-permits-help-thousands-parallel-traders-cross-hk-daily
  4. News - Hong Kong - TRADE

    Scuffles in Sheung Shui as parallel traders return in growing numbers

    Posted Jul 14th 2013, 12:00am by Ada Lee

    ... Ada Lee ada.lee@scmp.com Sheung Shui residents take issue with traders again just months after limit on milk formula Scuffles as smugglers make a comeback Scuffles broke out in Sheung Shui yesterday between parallel-goods traders and residents, who complained the cross-border smuggling trade has again become rampant in the district. Residents' protests died down in March after ...

    http://www.scmp.com/news/hong-kong/article/1282088/scuffles-sheung-shui-parallel-goods-traders-return-growing-numbers

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