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Wednesday, July 20, 2011

How much of China's GDP is pirated?

A story tells about a fake Apple store.

I've had friends that have traveled to China tell me similar stories (in addition to the horrible working conditions, dangerous chemicals used in production, etc)

According to the U.S. Government Accountability Office, "Chinese" goods represent 77% of pirated goods seized in the United States.

All these issues and the currency manipulation....

When are we going to get real with this country? And what is the answer to my posed topic title question? Well I've seen blog posts and magazine articles say that roughly 8% of their GDP is due to 'fake' manufacturing. I don't necessarily buy that number because I can't find the study behind it....

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