By Erik Crouch
Image via Gruntzooki
A report by the World Customs Organization states that the massive Chinese counterfeit market makes up nearly 2% of world trade, and it’s not all just fancy cellphones and US capital buildings. The report focuses on counterfeit consumer goods, medicines, and electronic-components, saying that 75% of all fake goods seized worldwide were produced in China. Also mentioned were black-market trade groups, who deal in drugs, human trafficking, and massive quantities of anteater meat.
South China Morning Post covered the report:
It estimates that the top money-makers for crime groups are the trade in counterfeit goods ($24.4 billion), illegal wood products ($17 billion), heroin ($16.3 billion) and methamphetamines ($15 billion).
Fake medicines ($5 billion), the black market trade in used electronics components to avoid legitimate recycling ($3.75 billion) and the illegal wildlife trade ($2.5 billion) also rank highly.[…]
“Between one-third to 90 per cent of anti-malarial drugs tested in Southeast Asia are fraudulent,” he said.
“They do not contain what they say they do. Sub-standard drugs have two serious public health consequences. One, people get sicker or die. Two, drug-resistant strains can develop and cause a global health threat.”
While fake iPhones may seem harmless enough, the fact that up to ninety-goddamn-percent of malaria drugs are counterfeit certainly places the fake trade in a different light. Also, beware of those shady anteater dealers.