Are you serious? MIA gets it at the same price as I can get it at retail? You don't really know how business works, do you?
You have to remove all the margins, vat, shipping charges on the other side first, then add a bulk discount, then do your calculation.

it was a simple demonstration, obliviously there are various factors that comes in to play.
e.g.
Having a local footprint for distribution, warranty and support.
Local certification requirements.
Cash flow (the Chinese in my experience like their money up front VS. some re-sellers expecting a 30 day account).
Shipping and insurance.
CPA (the one where you need to refund a buyer when he does not like a device within 7 days etc.)
Taxes and duties.
etc.
And using the correct dollar rate might work too.
Doesn't help when the stock you already have came in at 15.
E.g in India ,
https://www.flipkart.com/redmi-note...STMOBEG3ZZY5XUVUJGQ8NMZL&pid=MOBEG3ZZY5XUVUJG . Do you really think there are no taxes, shipping and margins included in that price?
I don't know what India does/doesn't do. I think India probably doesn't have as strict regulations, as much taxes and that they are a much bigger market than us (economies of scale...).
All I know is that it is a free market and if you think you that can distribute these phones for R1k cheaper locally, then why don't you? Why doesn't anyone else? Surely, if you are right, then there is a huge business opportunity here?
I am not trying to justify getting shafted, I am just saying that I can see where it comes from.