When China floods the world with illegal goods
Chinese business has been booming for close to 30 years, with the economic reform going back to 1978. In those three decades, the most largely populated country in the world has gone from a state of under-development, recovered from its political turmoil, and reached the third rank of millionaires in the world, after the United States and Japan. But if the People’s Republic has developed a real and solid economy, the extent in which it has indulged in counterfeiting has reached unbelievable levels, at the expenses of the rest of the world, notably Europe.
Related Posts
DOF clears BIR use of tobacco tax stamps to arrest smuggling
The Department of Finance (DOF) has cleared the implementation of tax stamps on...
Over 1 million fake printing supplies seized in UAE raids
HP today announced that its Anti-counterfeit Program in EMEA (Europe,...
Hong Kong smokers to escape proposed tax hike in budget
The tax on tobacco will not rise in the upcoming budget despite a campaign to...
Almost 25-30% products sold in India spurious with counterfeiting: Report
NEW DELHI : Almost 25-30% of all products sold in the country are spurious with...
