Chinese Lawmakers Urged To Clamp Down On Fake Goods

Jack Ma says counterfeiting is a big problem in China

Jack Ma, the chairman of the Chinese ecommerce giant Alibaba, has accused Chinese lawmakers of not doing enough to stop counterfeiting. Alibaba has suffered a handful of counterfeit controversies which he says is stopping its expansion into the US market. Calling the current laws “ambiguous”, Ma said that he would prefer to see laws that meant “violators will have to face serious consequences for their actions”. Between August 2015 and August 2016, Alibaba was forced to removed 380 million different product listings on counterfeiting grounds. 

The Movers And Shakers - Moving And Shaking

Search and discover everything we've reported on certain brands or industry topics. Follow the trends right before your eyes - and in the blink of eye you know.
error
error
error
Select Country
error
error
X