On the Shanghai Airlines flight from Shanghai to Beijing, I read the news on Shanghai Morning Post that Xiangyang Marketing will be shutdown soon.
I have a mixed feeling of the news.
Due to Fake Goods
According to the news, the reason to shutdown the market is because of too many fake goods in the market. 8 of 10 complain received on counterfeit goods are reported to be happen in Xiangyang Marketing, the commercial department said.
It is absolutely reasonable number. Just go there and see how many people approaches you and ask you whether you want LV bags or Rolex watches and anyone knows how serious the problem is.
I have the mixed feeling of the market. It is the place for me to go buy some really goods stuff. I don’t care about brand too much, and I specially feel bad to wear something you know it is fake. However, many stores really sell good goods (with unknown brand) at very reasonable price. I don’t know where to go after it is shutdown. Department stores are too expensive and too few choices, and other bargine markets are not as fashionable.
However, the problem of the counterfeit goods are so obvious and many people to go there just to buy “Rolex” watches for 100 RMB or LV bags for 80 RMB.
Overall, I welcome the news. It is the first step to regulare the market. They are doing the right thing.