What country produces the most counterfeit goods?

China
According to The Counterfeit Report, “China produces 80\% of the world’s counterfeits and we’re supporting China.

Does China make fake products?

China is responsible for more than 70\% of counterfeiting according to the World Customs Organization.

How big is the counterfeit industry?

The shadowy business of counterfeits has taken over the globe to become a more than $500 billion industry.

Is counterfeiting illegal in China?

Counterfeiting is a crime under Articles 213 to 215 of Criminal Law. Criminal Procedural Law of China allows private prosecutions to be filed by trademark owners themselves directly to a court if the police or procurators refused to criminally prosecute trademark infringement.

What are the most faked items?

These are the 9 most counterfeited products in America.

1. Handbags/Wallets. > MSRP of seized goods: $700.2 million.
2. Watches/Jewelry. > MSRP of seized goods: $502.8 million.
3. Consumer Electronics/Parts.
4. Wearing Apparel/Accessories.
5. Pharmaceuticals/Personal Care.
6. Footwear.
7. Computers/Accessories.
8. Labels/Tags.

Where are counterfeit products made?

Although manufacturing plants are rapidly moving away from China to even cheaper places of production such as Bangladesh and Indonesia, it is estimated that between 85\% and 95\% of all counterfeit goods still come from China.

Is it illegal to sell fakes in China?

China has passed the country’s first-ever e-commerce law that would hold online retailers accountable for the sale of fake goods and liable for a fine of up to RMB 2 million (US$291,000). The law is the latest effort by the country to clean up the country’s image as a main source of knock-off goods.

What drives the market for fake goods in China?

This deceptive counterfeiting is rampant, but the market for fake goods in China is largely driven by consumers who actively search for and purchase counterfeit products. Middle-class shoppers who value brand prestige make up a large segment of the non-deceptive counterfeit market.

Where can I buy fake goods in Shenzhen?

Luohu Commercial Center – Shenzhen. A 5-storey fake market located at the border crossing between Shenzhen and Hong Kong, Luo Commercial Center specializes in counterfeit and pirated goods such as clothes, handbags, watches, mobile phones and DVDs. There are plenty of food options, as well as tailors, beauty parlors and foot masseuses.

What is the primary segment of China’s counterfeit market?

The primary segment is buyers unaware that they are purchasing fake products. This deceptive counterfeiting is rampant, but the market for fake goods in China is largely driven by consumers who actively search for and purchase counterfeit products.

Where do counterfeit luxury products come from?

The popularity of counterfeit goods quickly caused an increase in the supply of fake luxury products to the domestic Chinese market. According to Europol, 86\% of all counterfeits worldwide originated from Mainland China and Hong Kong in 2015.