Beat­ing the coun­ter­feits

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Has China cracked down hard enough on coun­ter­feit­ers? Jonathan Chen at James & Wells be­lieves so – cit­ing large-scale raids by the gov­ern­ment, es­pe­cially on cer­tain mar­kets and/or e-com­merce plat­forms.

How­ever, given the size of the pop­u­la­tion, and the “Chi­nese way of do­ing busi­ness”, it is dif­fi­cult to stamp it out com­pletely, he says.

“From our ex­pe­ri­ences in deal­ing with th­ese mat­ters, we’re see­ing of­fi­cials be­ing more proac­tive, and a will­ing­ness to do things against coun­ter­feit­ing.”

An ex­am­ple is the clean­ing up of the well-known coun­ter­feit mar­kets. Al­though there are signs posted ev­ery­where with anti-coun­ter­feit in­for­ma­tion, the sell­ing has not stopped, with hawk­ers tak­ing you to un­der­ground carparks or apart­ment build­ings next to the mar­ket, says Chen.

“I was ac­tu­ally de­nied en­try into one of th­ese ‘hid­den’ places be­cause I was Chi­nese. It stems from the fear of th­ese peo­ple get­ting caught.”

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