AIRLINK 74.60 Decreased By ▼ -0.65 (-0.86%)
BOP 5.14 Increased By ▲ 0.03 (0.59%)
CNERGY 4.50 Decreased By ▼ -0.10 (-2.17%)
DFML 33.00 Increased By ▲ 0.47 (1.44%)
DGKC 88.90 Decreased By ▼ -1.45 (-1.6%)
FCCL 22.55 Decreased By ▼ -0.43 (-1.87%)
FFBL 32.70 Decreased By ▼ -0.87 (-2.59%)
FFL 9.84 Decreased By ▼ -0.20 (-1.99%)
GGL 10.88 Decreased By ▼ -0.17 (-1.54%)
HBL 115.31 Increased By ▲ 0.41 (0.36%)
HUBC 136.63 Decreased By ▼ -0.71 (-0.52%)
HUMNL 9.97 Increased By ▲ 0.44 (4.62%)
KEL 4.63 Decreased By ▼ -0.03 (-0.64%)
KOSM 4.70 No Change ▼ 0.00 (0%)
MLCF 39.70 Decreased By ▼ -0.84 (-2.07%)
OGDC 138.96 Decreased By ▼ -0.79 (-0.57%)
PAEL 26.89 Decreased By ▼ -0.76 (-2.75%)
PIAA 25.15 Increased By ▲ 0.75 (3.07%)
PIBTL 6.84 Decreased By ▼ -0.08 (-1.16%)
PPL 122.74 Decreased By ▼ -2.56 (-2.04%)
PRL 27.01 Decreased By ▼ -0.54 (-1.96%)
PTC 14.00 Decreased By ▼ -0.15 (-1.06%)
SEARL 59.47 Decreased By ▼ -2.38 (-3.85%)
SNGP 71.15 Decreased By ▼ -1.83 (-2.51%)
SSGC 10.44 Decreased By ▼ -0.15 (-1.42%)
TELE 8.65 Decreased By ▼ -0.13 (-1.48%)
TPLP 11.51 Decreased By ▼ -0.22 (-1.88%)
TRG 65.13 Decreased By ▼ -1.47 (-2.21%)
UNITY 25.80 Increased By ▲ 0.65 (2.58%)
WTL 1.41 Decreased By ▼ -0.03 (-2.08%)
BR100 7,819 Increased By 16.2 (0.21%)
BR30 25,577 Decreased By -238.9 (-0.93%)
KSE100 74,664 Increased By 132.8 (0.18%)
KSE30 24,072 Increased By 117.1 (0.49%)

hongkong 400HONG KONG: Hong Kong has launched a crackdown on the thousands of mainland Chinese who travel across the border every day to buy products to resell at a profit in China, officials said.

 

The so-called parallel traders typically travel to Hong Kong by train and stock up on everything from iPads to milk powder, taking advantage of lower prices and wider choice in the city and dodging hefty tariffs on their return.

 

Tensions between Hong Kongers and mainland Chinese have soared in recent years, fuelled by an influx of mainland visitors.

 

In the latest episode, residents of the border town of Sheung Shui mounted angry protests at the weekend against the traders, who they say are a nuisance.

 

Acting on the complaints, the city government announced late Tuesday it would step up border controls and ask the Chinese authorities to cancel the travel permits of mainlanders who are illegally engaged in commercial activity.

 

Although the former British colony was returned to Chinese rule in 1997, it maintains a semi-autonomous status with its own legal and financial system and mainland Chinese need a travel permit to enter the city.

 

"The (immigration) department will not rule out the possibility of refusing permission for these people to land in future," the government said in a statement.

 

The immigration department said it could not provide a figure for how many parallel traders cross the border each day, but a local newspaper, the South China Morning Post, puts the figure at up to 4,000 people.

 

Unease over parallel traders has been growing further still as Hong Kongers chafe at an influx of newly rich Chinese mainlanders, accusing them of taking everything from school places and maternity beds to baby milk formula.

 

Earlier this month mainland authorities shelved a plan to allow millions more Chinese to visit Hong Kong, after it was met with resistance in the city.

 

Copyright AFP (Agence France-Presse), 2012

Comments

Comments are closed.