Panjiayuan Jiuhuo Shichang (Beijing): A vast outdoor market held on weekends, Panjiayuan teems with what is very likely the world's best selection of things Chinese: row upon row of everything from reproduction Ming furniture to the traditional clothing worn by China's many minorities to Mao memorabilia. Most of the antiques are fakes, although experts have made some surprising finds in the bedlam.
Kashgar Sunday Bazaar: The bazaar is now split in two and not quite what it was, but both parts are well-worth visiting, particularly the livestock section. Bearded Uighur men in traditional blue-and-white garb sharpen their knives and trim their sheep, small boys gorge themselves on Hami melons, and Kyrgyz in dark fur hats pick up and drop dozens of lambs to test their weight and meatiness before settling deals with vigorous and protracted handshakes.
Khotan Sunday Market: This is everything the Kashgar Market once was. Jewelers pore over gemstones, blacksmiths busy themselves shoeing horses and repairing farm tools, blanket makers beat cotton balls, rat-poison sellers proudly demonstrate the efficacy of their products -- the sights and smells are overwhelming. Don't miss the horse-riding enclosure toward the north side of the melee, where buyers test the road-worthiness of both beast and attached cart, with frequent spectacular tumbles.
South Bund Fabric Market (Shanghai): Bales and bales of fabric (silk, cotton, linen, wool, and cashmere) are sold here at ridiculously low prices. Many stalls have their own in-house tailors who can stitch you a suit, or anything else you want, at rates that are less than half what you'd pay at retail outlets.
Yide Road Wholesale Markets (Guangzhou): With so many markets to choose from in a city whose very raison d'être is commerce, it is difficult to know which one to choose first. This is one of the most colorful. If it was made in China then there is a very good chance that you will find it around here somewhere.
Temple Street Night Market (Hong Kong): Prices here are outrageous compared to those at China's other markets, but the scene at this nightmarket is very entertaining, especially the fortunetellers, street-side performers singing Chinese opera, and crowds overflowing the dai pai dong (roadside food stalls).
Note: This information was accurate when it was published, but can change without notice. Please be sure to confirm all rates and details directly with the companies in question before planning your trip.