Zhu Bao is a better value
Although Zhu Bao maket street is a little touristy, it's not so much for the Western tourists. You still get the calls of "hello, hello!" But I think the vast majority of the customers there are Chinese. You can get good prices if you bargain hard. There isn't the selection of designer handbags that you can find at Silk Alley, but you can get all sorts of Chinese souvenirs. It also makes a good stop off on your way to Dazhalan street. I would highly suggest a visit.