![](https://www.ficcicascade.in/wp-content/uploads/2018/08/Ficci-155.jpg)
China’s counterfeiters aided by Western firms’ weak response
WENZHOU, China (AP) — An Associated Press investigation published last week uncovered systemic fraud in China’s anti-counterfeiting industry. Major multinational companies, blind to problems on the ground, unwittingly paid investigators who themselves manufactured or sold counterfeit goods. In other cases, investigators colluded with the very counterfeiters they were supposed to expose.Fraud in the anti-counterfeiting industry goes well beyond luxury fashion goods, and has impacted products that can be dangerous — including auto parts, pharmaceuticals and critical electrical components,
Many firms treat counterfeiting as a minor cost of doing business in China. Few spend the money required to tackle the powerful, hidden networks that drive China’s multibillion-dollar counterfeiting juggernaut.
Related Posts
Liaoning busts petroleum products smuggling ring
Suspects involved in smuggling petroleum products are seized in a raid jointly...
HK student, nine other suspects in diamond smuggling arrested
Chinese customs officers said they have smashed a syndicate hiring Hong Kong...
Smuggled Cigarettes Worth Over Rs 15 Lakh Seized
Meghalaya - The officers of Customs Headquarters, Preventive Unit, Shillong have...
Hotlines set up to check for counterfeit medicines in India, Nigeria
NEW DELHI (Thomson Reuters Foundation) - Social enterprises in India and Nigeria...