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Chinese Bazaars in Spain
Chinese Bazaars are low price convenience store situated all over Spain. These stores are vulgarly called “Los Chinos” (The Chinese) because the owners and employees of the stores are mainly Chinese. These stores became popular in 1970 but it wasn't until  2011 that the Spanish government made an agreement with China legalizing and encouraging the opening of Chinese Bazaars throughout Spain, in return for China buying most of Spain's debt. Many of these convenience stores are still illegal due to tax invasion.

In the stores, people can find Chinese products as well as low price products, initially, at an established price of 100 pesetas per product. Products sold in the stores are mainly purchased directly from manufacturers of their serial remains, discontinued items, excess stocks or out of season items which increases the margin of income and allows prices to stay low.

History
Traces of Chinese Bazaars in Madrid lead all the way back to 1911. The first recorded one was opened in Fuencarral Street. The way these businesses worked is they would first open Chinese restaurants. By the ’70s, Chinese restaurants were increasingly popular. After their incredible success with the restaurants, the Chinese community then evolved the business to opening convenience stores by slowly acquiring local stores. The Chinese community started bringing in products from their country and opening small businesses where they would sell them at incredibly low prices.

The Chinese Bazaars were famously known as stores that sold everything at 65 cents. Their key to success was offering items at a much lower price so that more people would be interested in buying their products. The objects they would sell in the convenience stores included gift items, jewelry, hardware, perfumery, knitwear, scarves, ties, caps, and more. After big successes in the convenience stores, the Chinese Bazaars grew very famous in Madrid. Their sales increased enormously.

Demographics
There are approximately 200,000 Chinese immigrants living in Spanish territory. The Chinese community in Spain is ranked as the 9th biggest Chinese community in the world. There are around 10,000 of these establishments in Spain.