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Doug Young

Doug Young has lived and worked in China for 15 years, much of that as a journalist for Reuters. He currently lives in Shanghai where he teaches financial journalism at Fudan University. He writes daily on his blog, Young's China Business Blog (www.youngchinabiz.com).

Could the days of smuggling luxury goods be over?

A story this week about a woman busted after trying to smuggle thousands of yuan worth of makeup and luxury goods through Pudong International Airport brought a big smile to my face, jogging some of my earliest memories of living in Asia in the 1980s. Back then, luxury goods were just taking off in some of the region’s newly emerging “tigers” the same way they are now in China.

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The creeping demise of red-colored newsstands

​These past few weeks have been tinged with sadness and some melancholy for me, as two close friends on the streets of Shanghai quietly shuttered their doors forever. The pair both came from the family of traditional media, whose slow death is taking a quieter toll on the hundreds of newsstands that have become a fixture on Shanghai’s streets over the last two decades.