Counterfeit goods in china
China Big in Counterfeit Goods. Some 40, 000 wholesale shops sell about 100, 000 products that are up to 90 percent fake. Occasional Crackdown Affects MuchNeeded Jobs And every day, tons of phony goods are shipped out, mostly to the Middle East, Africa and South America right under the noses ofMany counterfeit products in China feature deliberate mistakes. For example, customers buy coffee at a 'Starbncks' cafe and pick up groceries at '812' convenience stores instead of a '711 counterfeit goods in china
Sales of counterfeit and pirated goods totals 1. 7 trillion per year, which is more than drugs and human trafficking. It is expected to grow to 2. 8 trillion and cost 5. 4 million jobs by 2022. According to The Counterfeit Report, China produces 80 of the world's counterfeits and we're supporting China.
Counterfeit goods in china free
China is still our numberone source country for counterfeit and pirated goods. About 62 percent of our seizures are from China, said Heacock. The losses from counterfeit goods are enormous.
China is the worlds biggest producer of fake goods, OECD says. 63. 2 percent of all fake products seized in the world between 2011 and 2013 were from China, far ahead of the next biggest producers, Turkey (3. 3), Singapore (1. 9. ) and Thailand (1. 6). The report said footwear was the most copied item, followed by clothing,
This fake NEC also had a network of over 50(! ) factories across China and Taiwan producing existing NEC goods and totally new products like MP3 players and entertainment systems for which the eviltwin NEC was receiving royalties. Some of their products were even found in stores of major retailers.
In 2013, the US seized just 1. 7 billion worth of goods. 84 of the counterfeit goods that the United States seized in 2013 came from China or Hong Kong. Approximately 3. 7 million doses of potentially counterfeit drugs valued at 10. 5 million in 2012 were seized at US borders. 16 of counterfeit drugs contain wrong ingredients.
Since the WTO estimates that 2 of all world trade is incounterfeit goods, the value of counterfeit goods imported into the US and EU from East Asia (the bulk of which come from China) is thought
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