China is the source of 86% of the world’s counterfeits, according to US Chamber of Commerce

A report released by the US Chamber of Commerce’s Global IP Centre (GIPC) this week indicates that as much as 86% of the world’s counterfeit goods originate from China. While there have been positive developments on the IP enforcement front in China over the past few years, the GIPC figures stand as a stark reminder that there is still a significant – and perhaps insurmountable – problem with counterfeiting in the country.