CHINA TOPIX

11/21/2024 10:50:22 pm

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counterfeited products

Fonterra head office in Fanshawe St, Auckland on March 23, 2016 in Auckland, New Zealand.

New Zealand's Fonterra Initiates Internal Probe after Expired Milk Powder Arrests

Fonterra Cooperative group Ltd. has initiated an internal probe after 19 suspects have been nabbed in Shanghai on Monday for selling about 300 tons of expired milk powder.

Imports of counterfeited and pirated goods have accounted for up to 2.5 percent (as much as $461 billion) of global trade.

Global Trade in Fake Goods Worth Nearly Half a Trillion Dollars: OECD

Imports of counterfeited and pirated goods account for up to 2.5 percent (as much as $461 billion) of global trade, causing significant damage especially to French, Italian and US brands and state funds, the Organisation for Economic Cooperation and Development (OECD) revealed on Monday.

Chinese authorities arrested nine people over recent counterfeited baby milk scandal

China Arrests 9 People Involved in Counterfeit Baby Milk Scandal

Chinese officials nabbed nine people involved in the recent infant formula milk scandal, which involved the production and selling of counterfeited powder milk under the popular imported brands "Similac" and "Beingmate."

Chinese authorities nabbed six people for allegedly creating and selling counterfeited infant formula.

China Nabs 6 People for Selling Fake Infant Formula

Chinese authorities have nabbed six people for producing and selling counterfeited infant formula in seven Chinese provinces using the famous US brand Similac, according to a Shanghai government body.

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