China leads the world in counterfeit, pirated products: US report

The US government identified 39 online markets and 33 physical markets that reportedly engage in or facilitate substantial trademark counterfeiting or copyright piracy. - AFP

WASHINGTON (Reuters): China leads the world in counterfeit and pirated products, the office of US Trade Representative (USTR) Katherine Tai said in a report on Tuesday (Jan 31) which identified WeChat, China's most popular chat app, as "one of the largest platforms for counterfeit goods."

"Counterfeit and pirated goods from China, together with transshipped goods from China to Hong Kong, accounted for 75% of the value of counterfeit and pirated goods seized by US Customs and Border Protection in 2021," the US government's latest report on "notorious markets" added.