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Sunday, August 1, 2010

80% Counterfeit Goods Made in China?

Per the CBP last year 80% of all counterfeit goods seized in the US were from China.

The article mentions the reason for so many counterfeit goods is excess capacity in China.

Another one not mentioned, is its an easy for for a factory to make extra money. One shift for the real good under license. Another shift for the counterfeit ones that go through a side door.

Economic Indicator: Even Cheaper Knockoffs - NY Times.



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