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Re:Alibaba Posts $1B in Sales in 5 Minutes on Singles’ Day by Cerium on Thursday November 10, 2016 @02:27PM (#12923402)
Foreign goods are extremely popular on Tmall and Taobao. There are companies that specialize in shipping containers full of Costco Kirkland goods to China, and usually selling them for a good markup. For example: Ferrero Rocher chocolate boxes can be bought at Costco for between 9 and 13 dollars. They sell in China for 200-250 RMB (thats about 30 USD).

One of my wife's friends is a Chinese citizen who lives in Italy. She selects purses, backpacks, and occasionally wine and markets them in China. There is a lot of demand for showing up your friends with expensive imported goods. Even more benefit if you had to use a connection to purchase the goods.

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