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.
Two democratic groups have proposed slapping an arrival tax of HK$20 to HK$100 on non-Hong Kong residents who enter the city by land as a means of curbing the influx of mainland visitors.Tuesday, 11 February, 2014, 10:12am 44 comments
Some 1,065 mainlanders and 12 of their local employers were arrested last year for suspected parallel-goods trading activities, the Immigration Department said yesterday.28 Jan 2014 - 6:35am
In what could be a heavy blow to cross-border traders between Shenzhen and Hong Kong, Guangdong authorites are planning to deny travel permits to Shenzhen residents found to have been involved in smuggling.17 Aug 2013 - 3:43am 3 comments
Up to 150 people cross the checkpoints between Hong Kong and Shenzhen more than twice each day, according to a new system implemented last month by the Shenzhen customs.1 Aug 2013 - 5:05am
More than half of the residents and shopkeepers in North District want the individual traveller scheme for mainlanders to be tightened, a survey commissioned by the area's district council found.26 Jul 2013 - 4:04am
The protesters first went to spots where traders often sell their goods and then to the town's MTR station, where they told traders to have their bags weighed in line with railway rules. Scuffles occurred when the protesters and traders began pushing each other.14 Jul 2013 - 1:52pm 5 comments
"There was only one tin left at home, but we could not buy another tin of the same brand for a whole week," says Snowy, the mother of a 10-month-old girl, as she recalls the scramble for milk powder she and her husband went through during the Lunar New Year holiday.27 May 2013 - 9:04am 3 comments
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.21 May 2013 - 6:26pm
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 sentencing to May 14. The two were released on bail.1 May 2013 - 5:47am
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.
The health minister said this yesterday after the closure on Wednesday of a Legislative Council meeting that was to have scrutinised government and lawmakers' amendments to the bill.19 Apr 2013 - 3:44am 1 comment