Home |
Search |
Today's Posts |
#5
![]() |
|||
|
|||
![]()
On May 29, 9:18 am, m II wrote:
Now, I wonder where THESE came from. Statement of Professor Daniel C.K. Chow COUNTERFEITING IN CHINA I. Introduction In terms of size, scope, and magnitude, counterfeiting in China is considered by many to the most serious counterfeiting problem in world history. (As used here, counterfeiting refers to the unauthorized use of trademarks owned by another on identical or similar goods.) A recent study by the PRC State Council Research and Development Center reported that in 2001 the PRC economy was flooded with between $19-$24 billion worth of counterfeit goods. Brand owners in China estimate that 15 to 20% of all well-known brands in China are counterfeit and estimate their losses to be in the tens of billions of dollars. Counterfeiting is estimated to now account for approximately 8% of China’s gross domestic product. China is also a leading exporter of counterfeit products to other countries in Asia, Europe, and the United States. In 2003, China accounted for 66% or over $62 million of the $94 million of all counterfeit and infringing goods seized by the US Customs Service at ports of entry into the United States. Mid-year figures in 2004 indicate that seizures are sharply higher with $64 million seized in the first half of 2004 alone. An ominous development is that beginning in 2004, exports of counterfeits from China to the United States and other parts of the world may begin to increase significantly for the foreseeable future. statement continued at http://www.cecc.gov/pages/roundtables/051605/Chow.php |
Thread Tools | Search this Thread |
Display Modes | |
|
|
![]() |
||||
Thread | Forum | |||
Modular Design of Breakers Allows for More Compact Substations; | Antenna | |||
Beware of cheap counterfeit batteries | Equipment | |||
Beware of cheap counterfeit batteries | Equipment | |||
Beware of cheap counterfeit batteries | General | |||
Beware of cheap counterfeit batteries | Scanner |