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Shenzhen customs’ parallel trading crackdown has knock-on for local businesses

byCT Report
24/05/2016
in Uncategorized
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SHENZHEN: Pharmacies at Sheung Shui say they lost between 30 to 50 per cent of their business on Monday, as Shenzhen customs launched a crackdown on parallel trading at one of their border checkpoints.

The mainland operation, which began at the weekend, left the space between Lok Ma Chau checkpoint in Hong Kong and ­Futian port in Shenzhen packed with thousands of travellers for hours on Sunday, as officers carried out more rigid inspections.

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While tourists and residents complained about the extra hours spent queuing, some veteran ­parallel traders said the tightened checking had little impact on their operations.

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