US & China Join Forces to Seize Counterfeit Goods

According to reuters.com, USA and China has teamed up to seize counterfeit goods. During this long month operation, they focused on goods in ports exported from China or imported into the US.

"China is the primary source of counterfeit and pirated goods in the United States and accounts for 72 percent of all seizures relating to intellectual property rights, according to the U.S. agency's fiscal 2012 statistics."

Only one arrest was made in this process, but this is just a start. This task force has seized more than 243,000 fake electronic products, including Apple, Samsung, Dr. Dre and Blackberry. All of these products are popular consumer items.

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