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Silk Market in 2022. Silk Street (Chinese: 秀水街; pinyin: Xiùshuǐ Jiē; lit. 'beautiful Water Street', Xiushui Street), aka Silk Market or Silk Street Market, is a shopping center in Chaoyang District, Beijing, that accommodates over 1,700 retail vendors, notorious among international tourists for their wide selection of counterfeit designer brand apparel. [1]
In 2016, in a span of 3-day period, Instagram has identified 20,892 fake accounts selling counterfeit goods, collectively responsible for 14.5 million posts, 146,958 new images and gaining 687,817 new followers, with Chanel (13.90%), Prada (9.69%) and Louis Vuitton (8.51%) being the top affected brands according to a study from The Washington Post.
Once copycat cell phones had taken China by storm, copycat digital cameras, copycat MP3 players, copycat game consoles and other pirated and knockoff products came pouring forth. Copycat brands have rapidly expanded to include instant noodles, sodas, milk, medications, laundry detergent and sports shoes, and so the word "copycat" has penetrated ...
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A dupe (duplicate) or knockoff is a product similar in appearance, functionality, or design to a higher-end, often more expensive, branded item but sold at a much lower price. Unlike counterfeit products , dupes do not copy trademarked brand names or logos and are often sold at mainstream retailers.
China (including Hong Kong) is a major source of counterfeit goods, responsible for an estimated 80% of the world’s counterfeits, [27] contributing over 1.5% to its GDP, [28] [29] and accounting for 84% of all counterfeit items seized by U.S. Customs and Border Protection in 2023. [30]
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