Business
2 ASX 200 shares impacted by the daigou channel – The Motley Fool Australia
Here we take a look at two ASX 200 shares that are reliant on the daigou channel and have suffered amid COVID-19’s impact on global trade.
If you’ve been living under an investor-shaped rock for the past few years, you may not know much about which S&P/ASX 200 Index (ASX: XJO) shares are influenced by the daigou channel.
The daigou channel is a term used to describe Chinese expats living in Australia who are buying and selling Australian consumer goods to send back to the Chinese mainland, where many of these products are unavailable.
This practice is bigger than you may think. Many Chinese students studying in Australia make a living…
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