Buy too much rice in Hong Kong and “you could end up in jail”, Chinese media warned tourists in the wake of the Guangzhou cadmium scandal.
- Sun
- May 26, 2013
- Updated: 10:52am
Trending topics
Parallel trading
The influx of parallel traders who buy their stock tax-free in Hong Kong to resell it in mainland China at a profit is causing growing unrest. Residents of Sheung Shui, a town close to China's border, say the increase in parallel importers has pushed up retail prices and causes a general nuisance. Importers argue that their trade benefits the Hong Kong economy.
In Fanling Court yesterday, Cheng Shing-wing and Li Hak pleaded guilty to one count each of common assault, but they denied they were parallel-goods traders. Magistrate Wong Sze-lai postponed...
Improved guidelines will be issued to help customs officers enforce the two-tin infant milk formula limit at the border, but the government will make no more efforts to refine the legislation.
An overwhelming majority of border-town residents blame parallel-goods traders for driving up prices locally, according to a survey released yesterday.
Chief Executive Leung Chun-ying says he is willing for the city to help meet the mainland's needs for infant formula by "re-exporting baby milk powder directly from Hong Kong to the mainland".
Customs officials have seized more than HK$1 million worth of baby milk powder in a crackdown on a warehouse used to store the product for parallel-goods trading purposes.
The continuing crackdown on cross-border baby formula traders has seen 10 people arrested in two days for allegedly smuggling 110 tins of milk powder, customs chiefs said.
Influential groups in Hong Kong seem to have less and less idea of why the territory exists as a separate entity, what makes it distinct and what makes it thrive, for reasons that are hard to...
A check of the mainland side of the Lo Wu border checkpoint at the weekend found several dozen traders with trolleys full of milk powder. They were collecting different brands and handing out cash...
Last week, the city's health chief was forced to apologise to 12 mainlanders who had been wrongly prosecuted under a new law restricting the parallel trade in infant milk formula.
The definition of milk powder can be amended to fine-tune a ban against the unlicensed export of infant formula, health authorities say.
Secretary for Food and Heath Dr Ko Wing-man has denied coming under political pressure to end the newly imposed restrictions on taking infant milk formula across the border.
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