illegal profiteering in controlled goods
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesverb
to profiteer by purchasing state-controlled goods through improper or illegal means
technicalOriginally referred to illegal arbitrage during China's planned economy period; still used in legal and economic contexts to describe circumvention of price controls or quotas.
Tā他
men们
wěi伪
zào造
zhèng证
míng明
tào套
gòu购
píng平
jià价
liáng粮
shi食
，
bèi被
gōng工
shāng商
bù部
mén门
chá查
chǔ处
。
They forged certificates to illegally purchase price-controlled grain and were investigated by the industry and commerce department.
Tào套
gòu购
wài外
huì汇
shì是
yán严
zhòng重
de的
jīng经
jì济
fàn犯
zuì罪
xíng行
wéi为
。
Illegal foreign exchange arbitrage is a serious economic crime.
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Yī一
xiē些
rén人
lì利
yòng用
guān关
xi系
tào套
gòu购
jǐn紧
qiào俏
shāng商
pǐn品
，
rán然
hòu后
zài在
hēi黑
shì市
gāo高
jià价
chū出
shòu售
。
Some people used their connections to snap up scarce goods and then sold them at high prices on the black market.