China Still King of the Global Counterfeit Trade

According to a new report from the UN Office on Drugs and Crime, 68 percent of all counterfeit goods seized globally between 2008 and 2010 were manufactured in China. Quartz reports:

Counterfeit goods make up about 2% of world trade, worth about $250 billion a year, according to a report released today (April 16) on transnational crime in by the Office on Drug and (UNODC). And, 67% of those counterfeit products were manufactured in China […], according to data on goods seized worldwide between 2008 and 2010.

Global counterfeit trade, considered a “soft crime” by the UNODC, is made up of seemingly innocuous items like knock-off designer handbags and watches, but also includes more dangerous goods like fake medicine or toxic . Since its emergence as the world’s factory, China has developed a reputation for exporting fake, dangerous goods from pesticides, to fatal diet pills, cold medicine and herapin, a blood thinner, that killed 81 in the US in 2008. Recently, US custom regulators have charged companies for selling counterfeit made-in China toys with dangerous levels of lead.

For more on counterfeit goods, see ‘The Status of Fakery in China‘ at , and Stan Abrams on the often ignored distinction between fakery and counterfeiting.

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