Chinese counterfeit products: A mirror of growth, consumption, and global trade loopholes

Chinese counterfeit products dominate the global fakes industry. In fact, China and Hong Kong accounted for close to 90% of the total value of counterfeit and pirated goods seized by U.S. Customs and Border Protection in 2024. Within China’s borders, forgeries of luxury-brand products are more prevalent than in any other country in the world. When […]