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Parallel trading

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 has caused tension in the city. Residents along the border have complained that an increase in parallel importers has pushed up retail prices. Importers argue that their trade boosts the local economy.
Hong Kong society

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Masked men armed with wooden sticks attack campaigner against parallel trading

Police are investigating the beating, which victim believes could be linked to his opposition to tax-dodging practice as well as the extradition bill.

Leung Kam-shing, a prominent campaigner in Hong Kong, says he was beaten by a group telling him to stop causing trouble. Photo: Handout
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