Long before the pandemic shut down Hong Kong’s vibrant retail sector, traders from China crossed the border to purchase everything from cosmetics to cars tax-free for profitable reselling upon returning home, where buyers worried about the quality of locally available products. The brisk parallel import trade, which included some Hong Kong residents taking goods into…
Hong Kong residents had protested the flow of pharmaceuticals, cosmetics, food and other goods into China long before the pandemic, saying it left them facing shortages and high prices