Online counterfeiting in China
01-09-2012
For many brands, China is a scary prospect because of the sheer volume of counterfeit product that has to be dealt with. WIPR talks to Chinese attorneys about customs and border measures in the country.
Major world powers rely on Chinese exports to meet consumer demand for goods. In 2010, approximately 20 percent of total US imports came from China, according to World Trade Organization statistics. This made it the largest supplier of goods to the US.
Approximately 10 percent of UK imports came from China, a figure that was only bested by the collective trading power of the EU. China also supplied neighbouring Russia with approximately 15 percent of its imported goods. Without Chinese imports, many countries would struggle to supply their consumers.
China also quenches much of the world’s thirst for counterfeit goods. The country’s black market in counterfeit goods is difficult to quantify, but its border seizure figures help. Between 2008 and 2010, China customs seized more than a billion counterfeit goods with a value of RMB 1.02 billion ($162 million), according to China’s General Administration of Customs (GAC).
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China, customs, anti-counterfeiting, GAC, CCPIT
