Counterfeit Goods Losses to South Korea

Posted on May 11, 2008
Filed Under Asia, counterfeit and piracy |

Counterfeit products made in China cost South Korean firms $14.2 billion, equivalent to 5 percent of total exports, according to the Korea International Trade Association.

Source: “Chinese Imitations Undermining Korean Exports,” The Chosum Ilbo, January 15, 2007.

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