More of the world’s counterfeit goods are produced in China than in any other country—though India leads the way in counterfeit pharmaceuticals—according to a new report jointly released Friday by the Organisation for Economic Cooperation and Development and the European Union Intellectual Property Office.
“Trade in counterfeit and pirated goods is a vital threat for modern, innovation-driven economies, a worldwide phenomenon that grows in scope and magnitude,” the OECD said in releasing the report, “Mapping the Real Routes of Trade in Fake Goods.” “Counterfeiters ship infringing products via complex routes, with many intermediary points, which poses a substantial challenge to efficient enforcement.”
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