China regulator ironically attacks Alibaba for not doing enough about counterfeits

Submitted by Kevin Hoda on January 30, 2015   News Tags: , , , ,
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China, home of the world’s counterfeiting industry has sent a letter to Alibaba accusing the company of not doing enough to fight counterfeits. According to estimates, 8% of China’s GDP is based on counterfeiting. So is it ironic that the regulators are attacking one company, but doing nothing on a nation wide scale. Nike left China years ago because the government would not enforce any intellectual property law.

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