{"id":154759,"date":"2013-04-19T13:21:08","date_gmt":"2013-04-19T20:21:08","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=154759"},"modified":"2013-04-19T13:28:27","modified_gmt":"2013-04-19T20:28:27","slug":"china-still-king-of-the-global-counterfeit-trade","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2013\/04\/china-still-king-of-the-global-counterfeit-trade\/","title":{"rendered":"China Still King of the Global Counterfeit Trade"},"content":{"rendered":"
According to a new report from the UN Office on Drugs and Crime<\/a>, 68 percent of all counterfeit goods seized globally\u00a0between 2008 and 2010 were manufactured in China<\/strong><\/a>. Quartz reports:<\/p>\n 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 Asia by the United Nations Office on Drug and Crimes (UNODC). And, 67% of those counterfeit products were manufactured in China [\u2026], according to data on goods seized worldwide between 2008 and 2010.<\/p>\n Global counterfeit trade, considered a \u201csoft crime\u201d 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 toys. Since its emergence as the world\u2019s 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.<\/p><\/blockquote>\n For more on counterfeit goods<\/a>, see ‘The Status of Fakery in China<\/a>‘ at CDT, and Stan Abrams on the often ignored distinction between fakery and counterfeiting<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" According to a new report from the UN Office on Drugs and Crime, 68 percent of all counterfeit goods seized globally\u00a0between 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 […]<\/p>\n","protected":false},"author":985,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[116,2,10,14744,14745,14746],"tags":[958,2162,626,1633,1033],"class_list":["post-154759","post","type-post","status-publish","format-standard","hentry","category-world","category-economy","category-law","category-level-2-article","category-level-3-article","category-level-4-article","tag-fake-goods","tag-luxury-goods","tag-manufacturing","tag-toys","tag-united-nations","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\n