Fake-free China might not be better off

Pseudo-Prada bags, sham Apple stores, even artificial eggs – China’s ability to generatefake versions of familiar items is legendary. Around three-quarters of knock-off goods seized by U.S. and European customs come from the People’s Republic. The government has been talking a good game, including what looks like a new focus on fake goods sold via the country’s biggest e-commerce company, Alibaba. The trouble is that incentives aren’t straightforward. While copying hurts innovation and trust, a counterfeit-free China wouldn’t be good for everyone.

 

http://blogs.reuters.com/breakingviews/2015/02/11/fake-free-china-might-not-be-better-off/