Counterfeited in China: The Operations of Illicit Businesses
Business and economics, Politics and government, Law and crime, General non-fiction
Synthetic audio, Automated braille
Summary
Counterfeiting tops the list of organized crimes committed worldwide, raking in nearly half a trillion dollars in 2019. The impact of this illicit business is felt by consumers, brand owners, state authorities, and workers, and it impacts the economy. Moreover,… its proliferation has fueled the advancement of organized crime groups. In his illuminating study, Counterfeited in China, Ko-lin Chin investigates this lucrative industry and its emergence in China. His face-to-face interviews with counterfeiters — business owners, workers, facilitators, and key informants — in the hub of Guangzhou, China reveal how businesses that design, produce, and distribute fake and unauthorized luxury goods manage the risks inherent in their business. Counterfeited in China examines the individual and group characteristics of counterfeiters and their relationships with organized crime; analyzes the economic aspects of counterfeiting; assesses the relationships among counterfeiting, violence, and corruption; and seeks to understand the demand for counterfeit goods. Chin also discusses the role of Chinese authorities and other parties in the war against counterfeiting. Assessing the state of the industry and its future, Chin provides fascinating new insights into the modus operandi of counterfeiters.