>> ASIAONE / BUSINESS / NEWS / STORY
EU presses China to step up fight against fakes
Fri, Sep 03, 2010
AFP

SHANGHAI, CHINA - The European Union said it would press China on Friday to back up its words with action and do more to stem the flow of Chinese-made counterfeit goods into Europe and around the world.

European tax, customs and anti-fraud commissioner Algirdas Semeta said he would ask Chinese officials at a joint customs cooperation committee meeting in Shanghai to fully put into action a plan the two sides signed last year.

"Generally speaking, we developed a very good framework but the implementation of this framework is not sufficient," Semeta told AFP.

China is the EU's largest source of imports and the main source of counterfeit goods across its 27 countries last year, with 64 percent of seized articles coming from the Asian giant, according to EU figures.

Broken down by industry, China was the source of more than 90 percent of counterfeit shoes, 81 percent of electronics and computer equipment and 72.5 percent of its fake branded clothes and accessories.

As part of an agreement on intellectual property protection, a network was established last year for European and Chinese customs officials to share real-time information to help intercept shipments and target counterfeiting rings.

"We presented 55 cases to Chinese authorities while we received just five cases from Chinese authorities. This means the implementation of the programme requires additional effort," Semeta said.

As a trade-dependent country, China stands to lose as stricter controls are imposed in response to the rising volume of counterfeit goods, he said.

Chinese companies are also falling victim to counterfeiters. German officials seized two shipments last year of counterfeit products bearing the name of a Chinese green technology company.

"In our activities, we are already seeing a new phenomenon. Our customs authorities last year seized Chinese brands which were counterfeited.

Legitimate Chinese business also suffers from this activity," Semeta said.

Foreign governments, especially the United States, have for years accused China of looking the other way or even encouraging rampant theft of intellectual property.

China's trading partners complain this costs foreign companies billions of dollars per year in lost sales, and also impacts jobs.

Bookmark and Share
 
 
STORY INDEX
 
  EU presses China to step up fight against fakes
   
 
  Obama launches political offensive on economy
   
 
  A global story starts in Singapore
   
 
  Luxury properties not selling as well as mid-priced ones in China
   
 
  Russia to retain grain export ban until 2011 harvest
   
 
  Apple and Google to clash in music space by Christmas
   
 
  Lehman preps bank units for sale or shutdown
   
 
  Burger King agrees to US$3.3 billion sale to 3G Capital
   
 
  Stocks rise on economic hopes ahead of payrolls
   
 
  8 Singapore companies make it to Forbes' "Best under a billion' list
   
>> RELATED STORY
China should act if property market defies cooling
Japan complains to China about business environment
Chinese banks cut back loans to local governments
Malaysia to boost ties with Shanghai ports
Mininum wage raised throughout China in 2010

Elsewhere in AsiaOne...

Investor Relations: Four Singapore firms invest $127m in Tianjin

News: EU presses China to step up fight against fakes

Wine,Dine&Unwind: Finding oneself in the shadow of a monk

Health: Dozens ill with dysentery in China, some from mudslide zone

Motoring: Monster jam is back, puts 2,000 vehicles to standstill

Digital: Netizens vent anger over Google

Just Women: Vagrant goes from beggar to prince

Multimedia: 16 killed in China ahead of Games

 

We welcome contributions, comments and tips.
a1admin@sph.com.sg
Search AsiaOne: