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A comment on A Glum Sign for Apple in China, as Smuggled iPhones Go Begging.

Re:A Glum Sign for Apple in China, as Smuggled iPhones Go Be... by omegaworks on Monday September 29, 2014 @02:18AM (#8381865)
>he hoped a new crackdown on smuggling by customs officers would help push their price back up.

Black market economics. Restrict the flow of desired product only serves to enrich those with access to the distribution channels.

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Re:A Glum Sign for Apple in China, as Smuggled iPhones Go Be... by gambiting on Monday September 29, 2014 @05:09AM (#8382145)
Real market economics too. People slow down production of certain goods to have their prices go up. It happens everywhere, from food to consumer electronics.
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