Thursday, May 04, 2006

Silk Market: Fakes Still Sold, Except For Olympic Mascots

Are there any fakes sold at the Beijing Silk Street Market, only a month after the ruling of the appeal case of the same name? Daniel Schearf made a reportage called Fakes Flourish in China Despite Government Promises to Halt Piracy.

Baker & McKenzie lawyer Joseph Simone said:"If China can't prove that its existing system works, the foreign governments, not just the U.S. but Japan, Europe and other countries, they're expecting the police to dramatically increase police resources," said Simone. "And, if China doesn't, we might be looking at a WTO [World Trade Organization] dispute in a year or two."

One or two years would be great timing. China is in the world's spotlight because of the Olympic Summer Games and certainly doesn't want to lose face.

"The head of the U.S. Chamber of Commerce recently noted that counterfeit items with the Chinese Olympic mascots and logo are rare - making it clear that China can curtail piracy when it imposes stiff penalties. China issued very specific regulations to prevent piracy of its logo and mascot symbols for the 2008 Summer Games. The penalties include a maximum fine of $6,200. Chinese media reports that since 2002, nearly 2,300 violations have been taken to court and resulting in $100,000 in fines. The government also has destroyed nearly 2.5 million pieces of fake Olympic goods."

You can listen (recommended) to or read the reportage here.

No comments: