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Overseas purchasing market hit hard by new measure

09-01-2010 14:24 BJT

The new measures mean big changes in the overseas purchasing market. Zhou Xiaoye continues to find out how it will affect the sector.

Prices of goods purchased overseas are 10 to 20 percent lower than the prices they are sold for in China. So it's getting more and more popular among domestic buyers.

Chen Shousong, Analyst of Analysys International said "Individual purchase agencies will be surely affected, because they have been always playing close to the edge. They took advantage of the country's favorable import policies."

The size of China's online shopping market is around 200 billion yuan. Some 2 billion of that is purchased overseas and then listed for domestic consumers. Some buyers prefer shopping this way because they can get new and fashionable international products at lower prices. But experts warn these purchases are risky.

Chen Shousong said "They can save money, but consumers may have problems with lost or delayed deliveries. And it's difficult for consumers to negotiate with transport companies on the other side of the ocean."

Experts also warn of other risks, like damaged or shoddy goods and difficulties with after sales services.

Editor:Xiong Qu |Source: CNTV.CN

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