Xiangyang Market (also known as Xiangyang Road Market or Xiangyang Road Clothing and Gift Market) was a bazaar located at 999 Huaihai Road in Xuhui, Shanghai, China.[1][2][3] Best known for the sale of counterfeit goods and its bartering atmosphere, the market existed from November 2000 to June 2006 and contained nearly 900 shops.[1][4][5][6][7][8]

Xiangyang Market in 2006

History

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In 2000, Huating Road Clothing Market was closed and reformed as Xiangyang Market on Huaihai Road.[1][9] Tenants would pay monthly rent to the market's management company, which leased the land from the city.[1][10] At the time of Xiangyang's closure, it contained 874 shops, which mainly sold counterfeit items, such as DVDs, Rolex watches, and clothing brands like Chanel, Dior, Gucci, Hermès, and Louis Vuitton.[1][6][7][11][12]

In July 2002, it was reported that Western tourists were attacked with needles at the market in separate incidents.[13] In early 2006, Sun Hung Kai Properties acquired the land from Mando Group for HK$3.6 billion, as the latter could not afford to redevelop it. Sun Hung Kai stated that they intended to use the land for hotels, office buildings, and shopping malls. Li Zhongzheng, director of the Xuhui District Economic Commission, stated that it would be used to create subway lines. On 30 June, Xiangyang Market closed permanently. Over the next two weeks, the land was cleared, with the market and nearby homes being demolished.[1][14][15] By 2013, IAPM Mall was built in its place.[16][17]

See also

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References

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  1. 1 2 3 4 5 6 Deng, Xu (23 June 2006). "上海襄阳路市场月底谢幕" [Shanghai's Xiangyang Road Market Closes Its Doors at Month's End]. People's Daily (in Chinese). Archived from the original on 4 March 2016. Retrieved 7 May 2026.
  2. "Shanghai closes Xiangyang Road market". China Daily. 1 July 2006. Retrieved 7 May 2026 via Xinhua.
  3. "Shanghai's knock-off paradise shuts down". South China Morning Post. 1 July 2006. Retrieved 7 May 2026.
  4. Horton, Christopher (5 April 2016). "When It Comes to Luxury, China Still Leads". The New York Times. Archived from the original on 5 April 2016. Retrieved 7 May 2026.
  5. Willett-Wei, Megan (27 February 2015). "Louis Vuitton is now a 'brand for secretaries' in China". Business Insider. Retrieved 7 May 2026.
  6. 1 2 "撤销在即铺位租金开始跳水 襄阳路演绎最后繁华" [With Closure Imminent, Shop Rents Plummet as Xiangyang Road Enjoys Its Final Burst of Bustle]. China News Service (in Chinese). Youth Daily. 27 February 2006. Archived from the original on 28 June 2006. Retrieved 7 May 2026.
  7. 1 2 Kurtenbach, Elaine (24 September 2004). "Louis Vuitton unveils glam Shanghai store". The Namibian. Retrieved 7 May 2026.
  8. "Shanghai Municipality Shopping". ph.china-embassy.gov.cn. 21 April 2006. Retrieved 7 May 2026.
  9. Kloppenborg Møller, Henrik; Hansen, Gard (2017). "Louis Vuitton in the bazaar: negotiating the value of counterfeit goods in Shanghai's Xiangyang market". International Journal of Entrepreneurship and Small Business. 30 (2). Inderscience Publishers. doi:10.1504/IJESB.2017.081437. hdl:11250/2479337. Retrieved 7 May 2026.
  10. Heim, Kristi (12 February 2006). "Inside China's teeming world of fake goods". The Seattle Times. Retrieved 7 May 2026.
  11. Fox, Imogen (27 May 2006). "Designer China". The Guardian. Retrieved 7 May 2026.
  12. "Tourists Warned Not to Buy Counterfeit Goods". China Internet Information Center. Shanghai Daily. 22 August 2005. Retrieved 7 May 2026.
  13. "Foreigners Stuck with Needles in Chinese Market". Infection Control Today. Reuters. 1 July 2002. Retrieved 7 May 2026.
  14. "China, Portrait of a Country". The Guardian. 13 August 2008. Retrieved 7 May 2026.
  15. "The Bund played on". The Guardian. 22 January 2005. Retrieved 7 May 2026.
  16. Hernandez, Veronica (2 September 2016). "Fate of Shanghai's Most Notorious 'Fake Market' Shows Changing Approach to Counterfeits". Jing Daily. Retrieved 7 May 2026.
  17. Zhu, Evian (5 November 2013). "Landmark retail projects opened in Shanghai in 2013". JLL. Retrieved 7 May 2026.