The Office of the United States Trade Representative (USTR) released its “2024 Notorious Market List for Counterfeiting and Privacy” in recent days, with China remaining at the top of the list, with analysts saying that its intellectual property infringement is deeply rooted and unlikely to change.
China is once again “the number one source of counterfeit products in the world,” the report said.
The latest annual report published on Jan. 8 shows that counterfeit and pirated goods from China or shipped from China via Hong Kong account for 84 percent of the total value of counterfeit and pirated goods seized by U.S. customs….