In 2012 when I came to China for the very first time Beijing had quite a few markets to offer. Right next to the main shopping area of Sanlitun (currently TaiKoLi) there was a Yashow market, where we used to spend so much time.
Before my return in 2017 I told everyone how amazing it was… and then I came to discover that it was closed. Disappointed I’ve look for the alternatives. In 2012 I remember coming to the Silk Market once and thinking that it was a disaster, now not anymore as it is technically the most similar place to Yashow in Beijing.
Like usual the underground floor have a bunch of bags, backpacks, luggages and shoes, following with the second floor of clothing, third – silk, fourth souvenirs and electronics, and the supermarket on the top floor. I can’t say I bought much there, but I surely went there quite a few times to look around.
Silk Market is a nice place to just chill if you don’t get annoyed easily, but if you do, I would probably suggest to stay away. The souvenir range is similar to Panjiayuan Antique market, but here you have a lot of power bargaining. See for yourself what you can get here.
Also, you can find tailoring services here (which i would not suggest to use as they charge you way too expensive). Tony Tailor is the one, which many use as it is big and fast, but I would suggest to go away from the markets to get a realistic price.
As for the watch, sold on the 4th floor, it might not be a bad idea to have it as they look and work just fine. As for the silk, well there is a nice offering of quilts and pillows for affordable charges. I can’t call myself a fan of the Silk Market but if you visit Beijing and do not really plan to come back it might be a nice experience.