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"There is high customer demand in Pakistan for Chinese products" - Recent - Aurora
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</header> <div class="container-fluid px-0"> <div class="content flex-column"> <main> <div class="flex no-gutters"> <div class="flex__item lg:w-1/12 hidden lg:block"></div> <div class="flex__item lg:w-5/6 w-full"> <article class="story mt-3.25"> <span class="text-3 px-1.5"> Published in Nov-Dec 2018 </span> <!-- box/social --> <!-- ******** template/header ******** --> <div class="template__header clearfix modifier--open px-1 "> <!-- box/social --> <!-- box/title text:7.5-lighter-mt:6.75 --> <h2 dir="auto" data-layout="story" data-id="1143321" class="story__title text-7.5 font-light mt-6.75 "><a href="https://web.archive.org/web/20200918113803/https://aurora.dawn.com/news/1143321/there-is-high-customer-demand-in-pakistan-for-chinese-products" class="story__link "><strong>"There is high customer demand in Pakistan for Chinese products"</strong> </a></h2> <!-- box/byline --><span dir="auto" class="story__byline text-4 my-3.25"><a class="story__byline__link" href="https://web.archive.org/web/20200918113803/https://aurora.dawn.com/authors/3429/syed-wajeeh-ul-hassan-naqvi">Syed Wajeeh-ul-Hassan Naqvi</a></span> <!-- box/excerpt --> <div dir="auto" class="story__excerpt text-4 font-light my-3.25">Kezhi Jiang, GM, Miniso, on launching the Chinese retail giant and its future in Pakistan. </div> <div class="slideshow story__cover slideshow--main " data-slick="{"dots":true,"dotsClass":"slideshow__pager ","asNavFor":null,"cssEase":"ease","speed":250,"autoplaySpeed":2000,"slidesToScroll":1,"slidesToShow":1,"fade":false,"autoplay":true,"infinite":true,"responsive": [{"breakpoint": 767,"settings": {"slidesToShow": 1,"slidesToScroll": 1}},{"breakpoint": 575,"settings": {"slidesToShow": 1,"slidesToScroll": 1}}]}"> <div class="slideshow__slide slideshow__slide--first slideshow__slide--horizontal lg:w-full md:w-full w-full" style=""> <!-- box/image --> <figure class="media media--uneven media--fill sm:w-full w-full media--no-margin-bottom "> <div class="media__item "><picture><img src="https://web.archive.org/web/20200918113803im_/https://i.dawn.com/primary/2019/01/5c32dae026418.jpg" alt=""/></picture></div> <figcaption class="media__caption "> </figcaption> </figure> </div> </div> </div> <!-- ******** /template/header ******** --> <!-- ******** template/main ******** --> <div class="template__main clearfix modifier--open px-1 "> <!-- box/social --> <div class="slideshow hidden slideshow--fade story__cover slideshow--main " data-slick="{"dots":true,"dotsClass":"slideshow__pager ","asNavFor":null,"cssEase":"ease","speed":250,"autoplaySpeed":2000,"slidesToScroll":1,"slidesToShow":1,"fade":false,"autoplay":true,"infinite":true,"responsive": [{"breakpoint": 767,"settings": {"slidesToShow": 1,"slidesToScroll": 1}},{"breakpoint": 575,"settings": {"slidesToShow": 1,"slidesToScroll": 1}}]}"> <div class="slideshow__slide slideshow__slide--first slideshow__slide--horizontal lg:w-full md:w-full w-full" style=""> <!-- box/image --> <figure class="media media--fill sm:w-full w-full media--no-margin-bottom "> <div class="media__item "><picture><img src="https://web.archive.org/web/20200918113803im_/https://i.dawn.com/primary/2019/01/5c32dae026418.jpg" alt=""/></picture></div> </figure> </div> </div> <!-- box/content --> <div dir="auto" class="story__content overflow-hidden pt-6.75 mt-3.25"><p><strong>SYED WAJEEH-UL-HASSAN NAQVI: When was Miniso launched in Pakistan?</strong><br/> <strong>KEZHI JIANG:</strong> Miniso was launched in June, 2017. From market research to establishing Miniso’s presence, I managed everything.</p> <p><strong>SWHN: Is Miniso a franchise?</strong><br/> <strong>KJ:</strong> Our HQ is in China and almost all Miniso outlets worldwide are company-owned stores. However, to expand our presence further, we developed a franchise model. In China, the franchise model is completely managed by Miniso, however, since some overseas markets are unique, it is difficult for the company to directly manage all stores. This is the reason why a different type of franchise model was established.</p> <p><strong>SWHN: In Pakistan, in how many cities does Miniso have a presence and how many outlets are there overall?</strong><br/> <strong>KJ:</strong> We have 68 stores in Pakistan, of which 34 are operational in 11 cities so far. Once all the stores become operational, we will have covered two-thirds of Pakistan’s market.</p> <p><strong>SWHN: What product categories does Miniso offer?</strong><br/> <strong>KJ:</strong> We have over 10,000 SKUs in Pakistan. They are divided into 11 categories – creative, homeware, stationery and gifts, health and beauty, accessories, food and beverages, boutique and bags, toys, textiles, digital products, life department and seasonal products.</p> <p><strong>SWHN: What brought Miniso to Pakistan?</strong><br/> <strong>KJ:</strong> In 2015, our HQ management decided to expand Miniso worldwide. We are already operational in 72 countries and aim to be in 100 countries by 2019. The main factor here is China’s friendship with Pakistan. When we first visited Pakistan, we felt the hospitality and the market research determined that there is high customer demand in Pakistan for Chinese products. </p> <p><strong>SWHN: What is the competitive landscape of the category?</strong><br/> <strong>KJ:</strong> We don’t think we have any competitors. Ours is a completely new business model and the opposite of conventional retail models. In a traditional retail model, the product goes from the manufacturer to the branding section to agents and then to the franchise stores and in the end, to the customers. This way, the cost to the customer increases with every layer of intermediaries. At Miniso, we have revolutionised the process and deliver directly from the manufacturer to the customer, which eliminates the intermediaries. Considering the uniqueness of our business model, we believe that our market share will only grow.</p> <hr/> <h4 id="5c32dc3a140ac">In 2015, our HQ management decided to expand Miniso worldwide. We are already operational in 72 countries and aim to be in 100 countries by 2019.</h4> <hr/> <p><strong>SWHN: Who is your target audience?</strong><br/> <strong>KJ:</strong> We cater to all age groups and have a variety of products to suit everyone. Our prices cover all segments because we want to cater to all socio-economic groups. Our products are low in price but high in quality. We want to fulfil the needs of every person in the global market and this is an ongoing subject of study at our HQ.</p> <p><strong>SWHN: Is Miniso’s pricing premium, average or below average compared to other retailers?</strong><br/> <strong>KJ:</strong> Thanks to our business model, we believe that our pricing is the lowest in the industry.</p> <p><strong>SWHN: How are customers facilitated, in addition to quality and affordability?</strong><br/> <strong>KJ:</strong> We focus on giving the customer a premium shopping experience, which we achieve through a combination of the quality of our products, our store design, our customer service and our management. </p> <p><strong>SWHN: How is Miniso promoted in Pakistan?</strong><br/> <strong>KJ:</strong> The people who visited our stores were the initial message carriers and this word-of-mouth marketing worked so well for us that there was no need to spend much on marketing. For new product or store launches we use OOH. Print advertising in magazines has been used occasionally. We have undertaken several promotions on radio and we do a great deal of BTL activities at our mall outlets. We do not think TV is the right medium just yet. On the digital front, we have bloggers reviewing our products and posting videos with hashtags without receiving payment from us. At the moment, our focus is not on spending excessively to advertise. We have an in-house team that handles all brand communications and they are supported by our HQ in terms of content, which helps us maintain global standards for all our campaigns across the world. </p> <p><strong>SWHN: What is the future of retail in Pakistan in terms of challenges and opportunities?</strong><br/> <strong>KJ:</strong> Retail in Pakistan doesn’t present any significant challenges. We keep optimising our systems so we don’t face any challenges in terms of customer response. The only challenge at the moment is the fact that the number of our stores is limited. The big opportunity is that the market is virtually empty and we have the first mover advantage in developing this special category. At Miniso, everything is available under the same roof, so the ease of access is there. According to our research, Pakistan’s market has a potential capacity of 150 to 200 Miniso stores, so there is room for expansion.</p> <p><em>For feedback: aurora@dawn.com</em></p> </div> </div> <!-- ******** /template/main ******** --> <!-- ******** template/footer ******** --> <div class="template__footer clearfix modifier--open px-1 hidden"> <div class="p-2 hidden pb-2 mb-2 sm:block"> <!-- - - adsense: start - - --> <div class="ad " aria-hidden="true"> <div class="js-ad clearfix" style="max-width:728px;max-height:90px;text-align:center;margin:0 auto;overflow:hidden;"> <div class="radWrapper ad__wrapper"> <div id="div-gpt-ad-1509519280329-0" class="ad__wrapper__slot" style="width:728px;height:90px;"> <script> render('div-gpt-ad-1509519280329-0') </script> </div> </div> </div> </div> <!-- - - adsense: end - - --> </div><div class="p-2 block pb-2 mb-2 sm:hidden"> <!-- - - adsense: start - - --> <div class="ad " aria-hidden="true"> <div class="js-ad clearfix" 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type="button" data-type="new" class="button border-none px-2 py-1 outline-none js-comments-sort ml-1 float-right text-grey uppercase">NEWEST</button> <button type="button" data-type="old" disabled="disabled" class="button border-none px-2 py-1 outline-none js-comments-sort ml-1 float-right text-grey uppercase">OLDEST</button> </div> <br/><br/> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9810"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Ravi</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T10:46:23+05:00"><span class="timestamp--time timeago" title="2019-01-07T10:46:23+05:00">Jan 07, 2019 10:46am</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Beginning of the end of pakistani products.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9811"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Sweets</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T11:14:28+05:00"><span class="timestamp--time timeago" title="2019-01-07T11:14:28+05:00">Jan 07, 2019 11:14am</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Slowly all local industries will close and there will be nothing left.This will lead to rise in unemployment and huge burden on dwindling FX reserves.All countries US,EU,India..are passing laws protecting local industries and here it is reverse.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9812"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">UDAYA BOSE</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T11:28:37+05:00"><span class="timestamp--time timeago" title="2019-01-07T11:28:37+05:00">Jan 07, 2019 11:28am</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">China is Pakistan's all-weather friend so there should be no apprehensions.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9814"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">kp</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T13:56:44+05:00"><span class="timestamp--time timeago" title="2019-01-07T13:56:44+05:00">Jan 07, 2019 01:56pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">End of Pakistani Domestic industries begins here.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9815"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Islam</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T14:40:48+05:00"><span class="timestamp--time timeago" title="2019-01-07T14:40:48+05:00">Jan 07, 2019 02:40pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">@Sweets @Ravi : In free market economy, protectionism is not enforced. When Pakistan's industries can't manufacture reliable quality goods, then the vacuum has to be covered by external entrants. In this case of Miniso, they are offering good quality products at reasonable price. In China, Miniso costs even less. Our Investors and Industrialists have to become competitive otherwise they will be eroded.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9816"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Kaka</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T15:15:06+05:00"><span class="timestamp--time timeago" title="2019-01-07T15:15:06+05:00">Jan 07, 2019 03:15pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">The future generations will ask "How did you let this happen? Were you blind? Were you stupid? Couldn't you see this coming?"</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9818"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Jammer</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T15:43:20+05:00"><span class="timestamp--time timeago" title="2019-01-07T15:43:20+05:00">Jan 07, 2019 03:43pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">We love our Chinese brothers and their competition and quality is healthy and great for Pakistan. All debeloped countries have this model for example Aldi German chains are operating in the UK & UAE so it’s good to go . Long live China</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9819"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Salim w</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T16:15:15+05:00"><span class="timestamp--time timeago" title="2019-01-07T16:15:15+05:00">Jan 07, 2019 04:15pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">@Islam your observation will be correct if all countries are given similar opportunity as china</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9820"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Sailesh</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T16:27:46+05:00"><span class="timestamp--time timeago" title="2019-01-07T16:27:46+05:00">Jan 07, 2019 04:27pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">While most of the world is now trying to develop local manufacturing and promoting self reliance, Pakistan heavily inclines towards foreign goods. And then Pakistanis wonder how did their economy come to this?</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9821"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">kabir</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T16:52:25+05:00"><span class="timestamp--time timeago" title="2019-01-07T16:52:25+05:00">Jan 07, 2019 04:52pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Bad news...never open the retail market to foreign players especially if they are very rich. There is no way that local traders will survive against their pricing.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9822"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">truth</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T17:37:41+05:00"><span class="timestamp--time timeago" title="2019-01-07T17:37:41+05:00">Jan 07, 2019 05:37pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">unless the local manufacturers learn that quality in inevitable, there is no chance that they will survive.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9823"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Ash</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T18:07:49+05:00"><span class="timestamp--time timeago" title="2019-01-07T18:07:49+05:00">Jan 07, 2019 06:07pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">The store at malls say Miniso Japan...in this article it's mentioning China. These are two separate countries. So who does it belong too?</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9824"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Look</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T18:08:06+05:00"><span class="timestamp--time timeago" title="2019-01-07T18:08:06+05:00">Jan 07, 2019 06:08pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">A market of 20 million ever ready for Chinese B,C,D grade items at the cost of its own industries.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9825"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Alien1</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T18:11:38+05:00"><span class="timestamp--time timeago" title="2019-01-07T18:11:38+05:00">Jan 07, 2019 06:11pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Reminds me of East India Company.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9826"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Anir</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T18:51:44+05:00"><span class="timestamp--time timeago" title="2019-01-07T18:51:44+05:00">Jan 07, 2019 06:51pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Everywhere in the world there is such demand as they are cheap. No one can match scale of operations in China. Pakistan needs to protect themselves with duties else local industries will close down. Even rich countries like Switzerland tax @ 20-30% range on all imported milk products to protect their main industry - Milk. Even when they propagate free trade.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9829"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Babu Bhaiya</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T20:33:40+05:00"><span class="timestamp--time timeago" title="2019-01-07T20:33:40+05:00">Jan 07, 2019 08:33pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Remember how East India Company colonized India. This is the colonization of Pakistan by the Chinese.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9830"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Rashid</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T20:47:31+05:00"><span class="timestamp--time timeago" title="2019-01-07T20:47:31+05:00">Jan 07, 2019 08:47pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">This will further strangle the already weak Pakistan economy.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9831"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">FAIZAN</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T21:13:10+05:00"><span class="timestamp--time timeago" title="2019-01-07T21:13:10+05:00">Jan 07, 2019 09:13pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">The incoming new MADE IN CHINA stores are prospective for some but overall it will put pressurr rather further pressure on low scale struggling stores. Pakistani has a history of giving due consideration to matters only when they have gone beyong their boundaries.. same here.. best of luck miniso</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9832"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Baldev raj </span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T21:17:39+05:00"><span class="timestamp--time timeago" title="2019-01-07T21:17:39+05:00">Jan 07, 2019 09:17pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Beware of Chinese dragon my friends. The gap in balance oh payment would lead to inflation as a result of depreciated currency. Foreign debts shall pile up, expensive imports of plant and machinery shall make it impossible to compete with Chinese products. Industries shall close down and unemployment shall increase by leaps and bounds leading to higher crime rate. Choice is your - patch up with your neighbours enlarge business relation for economic development through trade OR blindly lean on the most unreliable country that you call your iron brother</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9833"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Yes </span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T22:54:17+05:00"><span class="timestamp--time timeago" title="2019-01-07T22:54:17+05:00">Jan 07, 2019 10:54pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Chinese products at affordable price directly from China factory. Good for public</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9834"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">sri1</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T23:06:00+05:00"><span class="timestamp--time timeago" title="2019-01-07T23:06:00+05:00">Jan 07, 2019 11:06pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">@Baldev raj "Choice is your - patch up with your neighbours enlarge business relation for economic development through trade OR blindly lean on the most unreliable country that you call your iron brother" Shh, why give advise? They are doing very well, let them go towards the logical destination and manifest destiny. You know, their friendship is deeper than valleys, taller than mountains, wider than rivers etc., Indians, please lay off.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9835"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Judge</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-07T23:55:46+05:00"><span class="timestamp--time timeago" title="2019-01-07T23:55:46+05:00">Jan 07, 2019 11:55pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Local industry will be completely killed as Chinese can manufacture most goods cheaper due to economy of scale, etc. and there is almost no duties on Chinese products. Chinese are always ready to under invoice too, if required.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9837"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">kkm</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-08T00:20:17+05:00"><span class="timestamp--time timeago" title="2019-01-08T00:20:17+05:00">Jan 08, 2019 12:20am</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Pakis are losing everything to china</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9838"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Waddia</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-08T03:05:34+05:00"><span class="timestamp--time timeago" title="2019-01-08T03:05:34+05:00">Jan 08, 2019 03:05am</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Btw guys, Miniso is a rip-off of Japanese brands and doing great in Canada and the Southeast Asia. I'm not surprised by Miniso. Pakistani market has always been inundated with foreign stuff, and "Made in China" now forms 90% of everything. I mean, we can't even produce our own stationery let alone electronics. What a shame.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9839"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">issa</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-08T05:56:13+05:00"><span class="timestamp--time timeago" title="2019-01-08T05:56:13+05:00">Jan 08, 2019 05:56am</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Once your open a door to chinese, you are building your own graveyard. their manufacturer flood your market with cheap products that locals cannot match with. Debt and more debt.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9840"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Yemeen Zuberi</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-08T07:52:13+05:00"><span class="timestamp--time timeago" title="2019-01-08T07:52:13+05:00">Jan 08, 2019 07:52am</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">I hope Miniso will reduce its prices in Ramazan, and on Eids, as they do on Christmas and other religious and cultural events in the civilized world. On the other hand our traders reduce supply and increase prices. I hope Miniso will cone up to my expectations.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9842"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Fareed</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-08T10:44:03+05:00"><span class="timestamp--time timeago" title="2019-01-08T10:44:03+05:00">Jan 08, 2019 10:44am</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">@Ravi Look at the positive aspect, the local quality will improve in a competitive environment.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9843"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">skp</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-08T13:00:57+05:00"><span class="timestamp--time timeago" title="2019-01-08T13:00:57+05:00">Jan 08, 2019 01:00pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">China will take over other south asian countries. We agree country of a friendly relations can support a nation progress. high return interest and selfish support would kill poor south asian countries. Future they will be salve to china ........... rather than this allow them to support and develop products within land for supporting job and economy. long run china to be forced to produce product in buyers place.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9844"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Absano</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-08T13:06:39+05:00"><span class="timestamp--time timeago" title="2019-01-08T13:06:39+05:00">Jan 08, 2019 01:06pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">@Baldev raj Correction suggested: Patch up with your equally, if not more, unreliable neighbors...</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9846"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">M. Emad</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-08T17:44:19+05:00"><span class="timestamp--time timeago" title="2019-01-08T17:44:19+05:00">Jan 08, 2019 05:44pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">Cheap Chinese products ---- from mobile phones to bed sheets to children's shoe to even crockery ---- now dominate Pakistan market. Pakistani local small and medium industries are getting closed due to influx of cheap Chinese goods like flood. However, most Chinese products are not so superior in quality.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9856"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">MG</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-10T04:41:24+05:00"><span class="timestamp--time timeago" title="2019-01-10T04:41:24+05:00">Jan 10, 2019 04:41am</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">The Miniso Chain is Japanese but goods are made in China. They are cheap quality but may not be cheap in terms of Pakistani Rupees. I buy these products for use and throw purpose only in Sydney and cost wise similar products are much cheap in India.</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9881"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">JahangeerSHaikh</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-17T23:32:44+05:00"><span class="timestamp--time timeago" title="2019-01-17T23:32:44+05:00">Jan 17, 2019 11:32pm</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">As I have seen rest of the Comments, just one person had written Positive aspect of this new entrant, don’t you think that pros are more than cons? Here i listed, chill and give a read!! -More Employment -More Investment -More Competition, more room for learning, more choices, and more consumer benefits -More Learning environment -Sigh of relief to consumers (as they can enjoy low rates & more choices). -It can improve the quality of local industries by giving them tough time so that they can boost up their efficiencies in all departments to bring some value for the customers! At the end the competitive advantage would be of those who hold the ECONOMY OF SCALE, ECONOMY OF SCOPE & MARKET COMMONALITY (A firm with greater multimarket contact is less likely to initiate an attack, but more likely to respond aggressively when attacked).</div> <div class=""> </div> </div> </div> <!-- .flex --> </div> <!-- .comment --> <div class="comment pb-4 mb-4 border-b border-b-grey-default border-b-solid" id="9892"> <div class="flex no-gutters"> <div class="flex__item w-11/12"> <div class="clearfix"> <span class="comment__author text-3 uppercase float-left text-grey">Shahnawaz Zafar</span> <span class="timeago comment__date uppercase text-3 pb-2 float-left pl-2 text-grey content-before-dash" title="2019-01-23T01:07:57+05:00"><span class="timestamp--time timeago" title="2019-01-23T01:07:57+05:00">Jan 23, 2019 01:07am</span></span> </div> <div dir="auto" class="whitespace-pre-wrap break-words leading-normal comment__body text-grey-light text-4.5">There market strategy is simple Disguise as JAPANESE brand.. These guys outta be sued man.playing with public mentality. Even a Japanese model is shown on the tv in thier franchises. Its written in microfonts on thier products "Made as Japan"... lol I bought a Powerbank.. thinking it was Japanese.. It succumbed a week later. 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