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Inquiry Submission By GeorgiaJoJo

I know that bargaining in the markets is expected, but also know that as foreigners we are expected to pay something more than locals and not be a total cheapskate. Does anyone have a suggestion where to start bargaining and a ballpark *buy* price. In China I was told to start at about 10% of the ask and accept at around 50%. Is this a generally reasonable approach or does anyone have other suggestions?

Be generous but not gullible is my personal philosophy.

Thanks!