Most Apple fans outside of the US, for now, can only dream of buying an iPad, the latest gadget from the maker of the iPhone. But not Apple aficionados in China.
The sleek tablet device officially became available only in the US last weekend but some mainland China and Hong Kong stores started selling “grey market” imports of the iPad at the start of the week. The chance to buy early, however, comes at a cost with grey imports in Hong Kong selling for a 50 per cent premium on the $500 US price.
Mainland China and Hong Kong have vibrant grey markets, whereby consumers can buy parallel imports – shipments of legitimate goods not intended for that market – of most foreign products.
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