The mad rush to acquire PPE during COVID turned a simple thing into solid gold.
That distortion was caused by bad leadership and particularly bad policy.
But even GOOD policy can cause massive (potentially negative) disruptions in market prices and strains on supply chains.
Beginning June 1st the Chinese government is forcing its 300-million-strong “Scooter Class” to wear helmets.
News of the policy change has transformed what is otherwise a “sleepy” category into one of the hottest on the planet.
Helmets for sale on Alibaba’s platforms must follow strict testing and safety guidelines including 3C registration.
Thus, the dealers with authentic gear are experiencing a boom, while market prices on certain items are doubling and tripling in value and many are completely sold out.
#China #eCommerce #ChinaBusiness #Scooters #Policy #Government #Alibaba #Tmall #Taobao