Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Chelsey Dulaney

đŸ‘€ Speaker
267 total appearances

Appearances Over Time

Podcast Appearances

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

You would maybe think that this stuff would all be going to London or Frankfurt or Paris.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

but it's actually not.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

A lot of it is going to small airports in the UK.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

One of them is East Midlands Airport, which is kind of in this rural area in the middle of England.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

We went there and there were sheep nearby and there were tractors on the road.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

So that's been a really big one.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

And then the other really big ones are Hungary, this former military airbase called Liege in Belgium.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

So it's, yeah, it's coming into unexpected places and then it's very quickly being distributed to

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

Yeah.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

So this stuff is shipped directly to people like this is drop shipping.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

Some of it will just immediately get shipped from a factory in China to the person at the end.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

Some of it will go into a big warehouse called overseas family warehouses.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

And these are basically, in most cases, Chinese immigrants who are storing some of these packages in their houses.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

We spoke to one person who built a shed in their backyard in London.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

They store these packages from the Chinese exporters.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

And then they package them up themselves when the order comes in, and then they ship them off.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

So it's been a huge business.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

One of these people we talked to was making around 5,000 pounds in a good month.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

So yeah, there's a ton of people piling into this industry now.

WSJ What’s News
The ‘New Silk Road’ of Cheap Chinese Goods

Yeah, de minimis is obviously controversial.