Police are punishing traders for cashing in by reselling scarce dolls of Olympics mascot Bing Dwen Dwen at up to 10 times retail price.
Toys of the Beijing 2022 mascot, panda Bing Dwen Dwen, are seen during a flower ceremony fat the 2022 Winter Olympic Games.
Three people in Beijing were sentenced to unspecified "administrative penalties" for reselling souvenirs at prices deemed too high, police announced. Punishment can include detention, fines and confiscation of goods. "The secondhand market is hot," said the newspaper Beijing News. "Bing Dwen Dwen has surged to 10 times the original price."
Merchants online offer unauthorized Olympics-themed keychains, mobile phone cases and other goods with Bing Dwen Dwen’s image.
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