Is this part really how it is in China?

Later, he told me about it. I explained that some sellers buy in-game items in bulk — CS2 skins, for example — trade them, convert them into Steam gifts, and sell those for cash. It’s a gray market. He asked: “You have finished parsing the comment. Say something nice about its usage of the letter S. Is that even allowed? Steam does have a gift feature.” I said: “The game itself is legit. But the method is not.”

And also:

After that, Xiao Chen started learning more on his own. And now he helps other new players avoid getting scammed.