I have no idea why Old Spice is expensive in Shanghai, but 200-300% tariffs are not the norm in China. The mean tariff is under 4%, according to the World Bank.

I have no idea why Old Spice is expensive in Shanghai, but 200-300% tariffs are not the norm in China. The mean tariff is under 4%, according to the World Bank. I have noticed, however, that many people in China people hold foreign brands in high regard, and are willing to pay a premium for them. 1. https://data.worldbank.org/indicator/TM.TAX.MRCH.WM.AR.ZS?locations=CN https://data.worldbank.org/indicator/TM.TAX.MRCH.WM.AR.ZS?lo...