April 2008
Intermediate to advanced
240 pages
4h 41m
English
China is the epicenter of the counterfeits boom.... Just a few years ago, counterfeiting was all Gucci bags and fake perfume. Now it’s everything. It has just exploded. It is many times larger a problem than it was only a few years ago. The counterfeit inventory ranges from cigarette lighters to automobiles to pharmaceutical fakes that can endanger a life. I would bet that there are companies that don’t even know they’re getting screwed around the world.
—Frank Vargo, National Association of Manufacturers
Chapter 2, “China’s Counterfeit Economy and Not-So-Swashbuckling Pirates,” describes in detail the immense scope of China’s government-sanctioned counterfeiting and piracy. At this point, however, two points ...
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