They’re not faking it: China needs cooperation to combat counterfeiting

China has long been viewed as a hotbed of counterfeit goods. From watches to handbags to bicycles, many of the products produced in China for sale in foreign markets are copies of goods developed by established brands. The harm of counterfeiting is vast and multilayered. Counterfeiters clearly erode the revenues and profits of businesses whose goods they copy, but they also yield risk to consumers in the form of potentially unsafe products.