Counterfeit
Big fines for counterfeit goods on Chinese e-commerce sites from 1 Jan 2019, up to 2m yuan (£228k, $295k). So fakers now hawking their wares on social messaging networks as ‘friend-to-friend’. Global trade in bogus goods 2013: £355bn, 2022 est: £764bn. China and Hong Kong are the biggest counterfeit exporters
Guessed the Word? Series 37 (5/7) [pic: bagbible]