about 8% of world trade volume
is said to be fakes. Of course if you buy a Rolex Oyster for $30 in Shangai you know what you get there. Not so nice if baby formula or overr-the counter medicines are faked (for headache, the water seems to be ore important than the tablet, anyway) . Nasty it gets with brake pads and the like although the fakers seem to be pretty close to full performance. Yucky are the 15% or so spare aicraft parts that insiders acknowledge are fake or used beyond rated operation hours. Still, we don't see that many technical failures falling out of the sky...