11 December 2007

Counterfeiters to the World

Lead poisoning... is only part of what they do...
The Canadian lawsuit is one of 15 Microsoft says is linked to a Chinese counterfeiting syndicate broken up by the FBI and Chinese authorities in July.

The Guangdong-based syndicate allegedly produced and distributed more than $2-billion worth of counterfeit Microsoft software.
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RELATED: U.S. tackles Chinese "dumping"
A third of the overall United States trade deficit is with China, mostly a reflection of a shift in the composition of industry around the world and the artificially low value China maintains for its currency.

But trade disputes rarely focus on the underlying trends, so China is now the object of nearly a third of the 257 American actions imposing duties on imports from 41 countries.