ABC Australia: The daigou channel — how a handful of Chinese shoppers turned into a billion-dollar industry
Whether it’s parents furious over baby formula shortages or military personnel loading boxes onto Chinese warships — chances are you’ve crossed paths with a trading phenomenon that’s shaken businesses around the country.
This Angela Zhang — one of more than half a million international students studying in Australia.
She pays her university fees, rent and living costs by buying Australian-made products [Blackmores etc] and [Australia Post] posting them to China.
Angela spends up to 15 hours a day receiving orders from thousands of followers on Chinese social media app WeChat, off the radar of Australian authorities.
AM Comment: Above story points out that the vitamin company Blackmores is doing very, very well, from this newish tax avoiding ‘frenzy’. Oddly two years ago, Blackmores chief executive Christine Holgate quit her HIGHER PAYING private sector job … puffed up a vein … and started injecting Aussie tax dollars into her veins at Australia Post.