Chinese authorities destroy 3 000 tons of fake goods worth $69 mln - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

대한민국 뉴스 뉴스

Chinese authorities destroy 3 000 tons of fake goods worth $69 mln - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
대한민국 최근 뉴스,대한민국 헤드 라인

Chinese authorities on Thursday destroyed a giant haul of counterfeit products purporting to be from brands such as Nike and Louis Vuitton at an event held across 17 provinces and cities, state broadcaster CCTV reported. fakegoods

In all, 3 000 tons of counterfeit products valued at 500 million yuan were burnt, dismantled or thrown into landfill, CCTV said.

Items in the haul included bottled alcohol sporting brands from Treasury Wine Estates and high-end baijiu producer Kweichow Moutai, state media reported. A statement from the State Administration for Market Regulation, which did not name any brands, quoted Sichuan official Yang Xing ping as saying the government has prioritised cracking down on infringement, and was “forcefully rectifying illegal and chaotic phenomena through an iron fist”.

The “destruction operation” was part of the 2022 China Fair Competition Policy Publicity Week. Such public displays are not uncommon in the country, where counterfeit production remains a large industry in spite of attempts to eradicate it. The Organisation for Economic Cooperation and Development has estimated global trade in counterfeit products was as much as $464 billion in 2019 and said a boom in e-commerce in 2020-21 led to massive growth in the supply of such goods.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

SABCNews /  🏆 37. in KR
 

대한민국 최근 뉴스, 대한민국 헤드 라인