Creeping Death
07-17-2009, 11:54 PM
China urges Russian calm on bazaar crackdown (http://www.france24.com/en/20090717-china-urges-russian-calm-bazaar-crackdown)
China has called on Russia not to overreact in its clampdown on a Moscow bazaar, home to tens of thousands of Chinese traders and well-known for its thriving contraband trade.
The unexpected shutdown of the sprawling Cherkizovsky Market in the Russian capital last month has caused "enormous economic losses" to Chinese traders there, the commerce ministry said in a statement posted on its website.
"The Chinese side pays deep attention to this and... urges the Russian side to handle the issue with discretion," said ministry spokesman Yao Jian in the statement.
The statement urged Russian authorities to protect the legal rights of Chinese firms "particularly their safety and property security", but added that it supported all efforts to clamp down on illegal smuggling.
China also pointed out that an historical tax loophole that traders exploited to import goods more easily into Russia was also a problem, but solving it would take time.
"(China) hopes relevant Russian authorities and the Moscow city government take into account the historic factors... avoid overreacting, and solve the problem via a friendly negotiation and in a gradual manner," Yao said.
The Cherkizovsky Market, where traders from China and Central Asia sell their goods out of shipping containers and from open-air stalls, was closed June 30 for sanitary violations on a temporary basis.
The closure came after reports said Russian Prime Minister Vladimir Putin was annoyed by recent extravagance shown by Cherkizovsky's multimillionaire owner Telman Ismailov.
Russian officials have said it was likely to be shut for good this year.
Nearly 80,000 Chinese merchants trade at the market and the crackdown will force many out of business, earlier Chinese state media reports said, quoting experts warning the row could stymie Chinese investment in Russia.
Russia is not the weaker party, Russia can nuke China into oblivion, down to the last suckling Chinese baby.
I spoke to a young Russian girl whose Mother works in Moscow at an indoor marketplace. When one of the open-air bazaar was closed down for “renovation” these Chinese flooded that marketplace that she worked at.The Chinese sells items at wholesale price at which the customer has to purchase at bulk, usually around 10 or so.
Usually the retail price is at least 100% markup from wholesale. So where one booth sells a designer pants for equvilant of 100 dollars, a chinese is selling 10 pants for that same price. A good reason that to have anti-dumping laws.
China has called on Russia not to overreact in its clampdown on a Moscow bazaar, home to tens of thousands of Chinese traders and well-known for its thriving contraband trade.
The unexpected shutdown of the sprawling Cherkizovsky Market in the Russian capital last month has caused "enormous economic losses" to Chinese traders there, the commerce ministry said in a statement posted on its website.
"The Chinese side pays deep attention to this and... urges the Russian side to handle the issue with discretion," said ministry spokesman Yao Jian in the statement.
The statement urged Russian authorities to protect the legal rights of Chinese firms "particularly their safety and property security", but added that it supported all efforts to clamp down on illegal smuggling.
China also pointed out that an historical tax loophole that traders exploited to import goods more easily into Russia was also a problem, but solving it would take time.
"(China) hopes relevant Russian authorities and the Moscow city government take into account the historic factors... avoid overreacting, and solve the problem via a friendly negotiation and in a gradual manner," Yao said.
The Cherkizovsky Market, where traders from China and Central Asia sell their goods out of shipping containers and from open-air stalls, was closed June 30 for sanitary violations on a temporary basis.
The closure came after reports said Russian Prime Minister Vladimir Putin was annoyed by recent extravagance shown by Cherkizovsky's multimillionaire owner Telman Ismailov.
Russian officials have said it was likely to be shut for good this year.
Nearly 80,000 Chinese merchants trade at the market and the crackdown will force many out of business, earlier Chinese state media reports said, quoting experts warning the row could stymie Chinese investment in Russia.
Russia is not the weaker party, Russia can nuke China into oblivion, down to the last suckling Chinese baby.
I spoke to a young Russian girl whose Mother works in Moscow at an indoor marketplace. When one of the open-air bazaar was closed down for “renovation” these Chinese flooded that marketplace that she worked at.The Chinese sells items at wholesale price at which the customer has to purchase at bulk, usually around 10 or so.
Usually the retail price is at least 100% markup from wholesale. So where one booth sells a designer pants for equvilant of 100 dollars, a chinese is selling 10 pants for that same price. A good reason that to have anti-dumping laws.