Nomura has stated that measures from the Chinese Government to restrict Chinese citizen's overseas shopping could have the opposite effect and increase the number of imports via normal channels. For 2015 , Chinese tourists have been the biggest spending group in the world, spending $ 135bn on overseas travel in three consecutive years ; $ 40bn of which Nomura estimates was spent on foreign merchandise, and the local population also ordered $ 40bn worth of foreign products online. Earlier this year, however, China tightened import rules and implemented tougher customs inspections as part of a crackdown on grey market online trade through warehouses based in free trade zones. Even though the Chinese Government tightened rules on imports and introduced stricter customs inspections to crack down on online trade, Nomura suggests that the Chinese demand for foreign goods will continue, due to quality and safety concerns over domestic produce, it will just be served by regular channels.
Nomura has stated that measures from the Chinese Government to restrict Chinese citizen's overseas shopping could have the opposite effect and increase the number of imports via normal channels. For 2015 , Chinese tourists have been the biggest spending group in the world, spending $ 135bn on overseas travel in three consecutive years ; $ 40bn of which Nomura estimates was spent on foreign merchandise, and the local population also ordered $ 40bn worth of foreign products online. Even though the Chinese Government tightened rules on imports and introduced stricter customs inspections to crack down on online trade, Nomura suggests that the Chinese demand for foreign goods will continue, due to quality and safety concerns over domestic produce, it will just be served by regular channels.