Hong Qiao Market(Pearl Market)

Business Hours: 8.30am-7pm

Here's how to shop in Beijing tourist markets:

1) Don't ask them to state a price -- you state one first. Then stick with it. Prices for common items should be as follows:

• Silk tie - 10-15 RMB each
• Ski jacket - 180 RMB (incl fleece liner and outer)
• Pearl necklace - 20 - 40 RMB (seriously! for two pearls on a silver string, or for a strand of pearls; 4th floor boutiques are way more expensive and I don't trust them)
• Scroll - 40 RMB for a customized one, but basically pay however much you like it
• Makeup - 5-10 RMB for lip gloss, mascara, etc.
• Knock-off / leather bag - 40 RMB for a Tod's
• Sunglasses - 20 RMB
• Watches - 30-40 RMB (remember they break if they sense water is coming)
• T-shirts - 15 RMB

2) If you don't know the price, ask for a nicer looking similar item first, bargain down that price, and then switch to the cheaper item.

3) Walk in and say "I need to buy a 10 RMB gift for someone, what do you have?"