China Mall is filled with a treasure trove of goods among the more than 1,000 stores crammed into the building.
China Mall is filled with a treasure trove of goods among the more than 1,000 stores crammed into the building.

Bargains galore at China Mall - if you can haggle



AJMAN // From the outside, it is not much to look at. A 30-minute drive from Dubai, in Ajman's industrial Al Jaraf area, China Mall seems more like a factory warehouse than a shopping haven that draws thousands of customers.

Inside, the interiors are bare. Rice paper lanterns strung in the corridors between fluorescent tube lights serve as a gauche reminder of China in what is essentially an exhibition hall crammed with more than 1,000 stores.

And yet, the car park outside is lined with Audis, Porsches and BMWs. These shoppers do not come for the glamour; they come for the bargains.

Women grin from ear to ear as they push trolleys overflowing with clothes, purses and trinkets, because they know their negotiation skills have brought them items for Dh100 rather than the thousands of dirhams they might pay for a designer piece elsewhere. "I am looking for something close to a real brand," says Laila Ghamri, an Emirati from Ras al Khaimah, walking out of the store Jia Yi.

Ms Ghamri, a 21-year-old student at UAE University, needs accessories to complement her attire. But they do not always have to be designer items, she says.

"Anyway, how can someone make out how much it costs or who made it? As long as it looks good and I am getting it at a good price, I do not mind."

Leo, the Chinese shop owner, walks behind Ms Ghamri and her family, trying to impress them with his Arabic, which he picked up through interaction with customers during the past six months.

"I get a lot of Arab customers. Many come from other emirates too," he says. "I learnt it from them."

Ms Ghamri disagrees about the worth of a mirror-beaded shoulder bag, but Leo does not have time to brood over it - the next customer walks in enquiring about a wallet.

According to management at China Mall, they take precautions to prevent the sale of fake items.

"We instruct and guide tenants by providing them the knowledge of UAE culture and the law," a spokesman for the outlet explains.

According to their figures, there has been an increase in customers since they opened last October. The weekends draw the highest crowds, when between 15,000 and 20,000 people pass through the doors.

There is plenty for the hi-tech crowd here, too. Store owners say the "Made in China" phones and electronic tablets are the most popular sale items.

Abdul Rahman works for a Chinese man who opened his second electronic shop in the mall following the success of the first one in Dubai's Dragon Mart. "We sell 10 to 20 units a day," says Mr Rahman. But not before a full analysis on the quality by the buyer, he adds.

"I tell them, 'You bring it back if it does not work, I will replace it'. This is my personal guarantee to them. We rarely get complaints. Maybe one or two so far."

Moving from one end of the mall to the other in search of a sofa set, Noorallah Fakhri, 38, a resident from Sharjah, pauses to watch hula-hoopers dance to R&B tunes that blare in the background. With his children distracted by the performances, Mr Fakhri can get on with his shopping without being dragged to toy stores.

"I have come here for the first time," he says. "I was told we could get reasonably priced furniture here. Outlets elsewhere buy it from such markets and sell it at a higher price, so why not buy it from here?"

Hisham Mohammed, 44, has brought his sons to the mall to look for computer hardware. He believes there is no point splurging on European and American gadgets.

"For things like gifts and even electronics, Chinese products are quite reliable and innovative," says the Ajman resident. "These phones and laptops will be outdated within six to eights months anyway. So why not buy it cheap and then replace it?"

Customers such as Mr Mohammed have made China the largest exporter in the world. As he says: "There is a reason why China is expected to become the world's largest economy."

World Cup final

Who: France v Croatia
When: Sunday, July 15, 7pm (UAE)
TV: Game will be shown live on BeIN Sports for viewers in the Mena region

Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

Company%20Profile
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Company%20Profile
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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

How much of your income do you need to save?

The more you save, the sooner you can retire. Tuan Phan, a board member of SimplyFI.com, says if you save just 5 per cent of your salary, you can expect to work for another 66 years before you are able to retire without too large a drop in income.

In other words, you will not save enough to retire comfortably. If you save 15 per cent, you can forward to another 43 working years. Up that to 40 per cent of your income, and your remaining working life drops to just 22 years. (see table)

Obviously, this is only a rough guide. How much you save will depend on variables, not least your salary and how much you already have in your pension pot. But it shows what you need to do to achieve financial independence.

 

A%20QUIET%20PLACE
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The five pillars of Islam
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Ultra processed foods

- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns 

- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;

- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces

- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,

- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.

The%20specs
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Company%20Profile
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Building boom turning to bust as Turkey's economy slows

Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.

Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.

The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.

After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.

The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.

The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.

But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.

It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.

Brief scores:

Juventus 3

Dybala 6', Bonucci 17', Ronaldo 63'

Frosinone 0

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

SPECS
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The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Rating: 2/5
 
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding

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