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Foreign goods are extremely popular on Tmall and Taobao. There are companies that specialize in shipping containers full of Costco Kirkland goods to China, and
by Cerium 10y ago
Foreign goods are extremely popular on Tmall and Taobao. There are companies that specialize in shipping containers full of Costco Kirkland goods to China, and usually selling them for a good markup. For example: Ferrero Rocher chocolate boxes can be bought at Costco for between 9 and 13 dollars. They sell in China for 200-250 RMB (thats about 30 USD).
One of my wife's friends is a Chinese citizen who lives in Italy. She selects purses, backpacks, and occasionally wine and markets them in China. There is a lot of demand for showing up your friends with expensive imported goods. Even more benefit if you had to use a connection to purchase the goods.