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Weird news
Chinese students and others of Chinese descent were bulk buying baby formula tins from stores and sending them to China, where they are in high demand. They can make up to $3000 a week selling formula and vitamins. These shoppers are referred to by the slang term "Daigou"
The grocery stores put in place a 4 tin maximum per person to prevent single persons emptying the product and consequently nothing being available for local Aussie moms . What has transpired is that gangs of Chinese now descend on supermarkers and each 1 takes 4. Aussie moms are still annoyed they can't find the formula.
These Chinese students sell these products on WeChat and other online platforms , and they don't pay taxes or are registered as businesses.
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Carol Lin is 25. She came to Sydney in July last year as a Chinese international student and is now studying English at an ELS language centre.
She also makes up to $3000 a week selling Blackmores and baby formula to people in China.
https://www.businessinsider.com.au/...mula-back-to-china-2016-6#mxFUamyxZyLPSU0P.99
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"Pictured: The 'gangs' of shoppers clearing supermarket shelves of baby formula to sell overseas - leaving desperate mothers searching for hours to find just one one tin"
http://www.dailymail.co.uk/news/art...nal-shoppers-swipe-formula.html#ixzz4oh3hpDd7
A young Australian mother has been left furious after 'shopping for hours' for baby formula only to watch gangs of shoppers sweep the shelves.
Brisbane mum Jessica Hook, 27, feeds her daughter Aptamil Gold, a popular formula which is now, thanks to foreign buyers, difficult to find in the supermarket.
Ms Hook's daughter goes through a tin a week - and the mother tries to buy a few at a time but says now when she finds one can on the shelf it is 'considered a win'.
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Aus gov. says it is going to crack down.
http://www.heraldsun.com.au/news/au...a/news-story/a8753a4e96c062c7ebef3ac0d88ee536
A network of exporters have been taking advantage of the huge windfalls by flouting Australia’s export rules, and the Department of Agriculture has launched an investigation.
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"This is what happens to half of Australia’s baby formula"
Half of Australia's formula sold at retail goes to China through consumer-to-consumer channels, the Sydney Morning Herald revealed last year, with Chinese demand for the product accounting for more than $200 million in sales in 2015.
Not everyone is pleased about that. Some Australians are unhappy that their supermarkets' shelves are being emptied for what some call "smuggling" purposes, and the Chinese government says it is being deprived of tax revenue on the product.
https://www.washingtonpost.com/news...stralias-baby-formula/?utm_term=.d696ced32ff9
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Chinese students and others of Chinese descent were bulk buying baby formula tins from stores and sending them to China, where they are in high demand. They can make up to $3000 a week selling formula and vitamins. These shoppers are referred to by the slang term "Daigou"
The grocery stores put in place a 4 tin maximum per person to prevent single persons emptying the product and consequently nothing being available for local Aussie moms . What has transpired is that gangs of Chinese now descend on supermarkers and each 1 takes 4. Aussie moms are still annoyed they can't find the formula.
These Chinese students sell these products on WeChat and other online platforms , and they don't pay taxes or are registered as businesses.
-
Carol Lin is 25. She came to Sydney in July last year as a Chinese international student and is now studying English at an ELS language centre.
She also makes up to $3000 a week selling Blackmores and baby formula to people in China.
https://www.businessinsider.com.au/...mula-back-to-china-2016-6#mxFUamyxZyLPSU0P.99
-
"Pictured: The 'gangs' of shoppers clearing supermarket shelves of baby formula to sell overseas - leaving desperate mothers searching for hours to find just one one tin"
http://www.dailymail.co.uk/news/art...nal-shoppers-swipe-formula.html#ixzz4oh3hpDd7
A young Australian mother has been left furious after 'shopping for hours' for baby formula only to watch gangs of shoppers sweep the shelves.
Brisbane mum Jessica Hook, 27, feeds her daughter Aptamil Gold, a popular formula which is now, thanks to foreign buyers, difficult to find in the supermarket.
Ms Hook's daughter goes through a tin a week - and the mother tries to buy a few at a time but says now when she finds one can on the shelf it is 'considered a win'.
-
Aus gov. says it is going to crack down.
http://www.heraldsun.com.au/news/au...a/news-story/a8753a4e96c062c7ebef3ac0d88ee536
A network of exporters have been taking advantage of the huge windfalls by flouting Australia’s export rules, and the Department of Agriculture has launched an investigation.
-
"This is what happens to half of Australia’s baby formula"
Half of Australia's formula sold at retail goes to China through consumer-to-consumer channels, the Sydney Morning Herald revealed last year, with Chinese demand for the product accounting for more than $200 million in sales in 2015.
Not everyone is pleased about that. Some Australians are unhappy that their supermarkets' shelves are being emptied for what some call "smuggling" purposes, and the Chinese government says it is being deprived of tax revenue on the product.
https://www.washingtonpost.com/news...stralias-baby-formula/?utm_term=.d696ced32ff9
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