Shanghai police seize $242 million in fake products, vowing to protect IP rights.

July 15, 2020 by adminficci News 0 comments

Shanghai police have reportedly seized copycat products worth more than 1.7 billion yuan ($242 million) this year, destroying some 240 dens that produce, store or sell counterfeit items.

During a special campaign focusing on cracking down on intellectual property (IP) violations codenamed “Kunlun 2020,” police in Shanghai said they have solved more than 230 related cases, and protected the legitimate rights and interests of more than 60 brands, China Central Television (CCTV) reported on Tuesday.

One of the latest cases involved counterfeit bags of famous brands such as Victoria’s Secret and Chanel worth more than 50 million yuan. Shanghai police have arrested and charged nine suspects, responsible for making the bags and selling them through online stores, said CCTV.

The case caught the attention of Chinese netizens on Tuesday, with many Weibo users applauding the effort of Chinese authorities in cracking down on counterfeit products and protecting IP rights.

https://www.globaltimes.cn/content/1194561.shtml