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Businesses fear counterfeit burden with China’s social credit system

Karry Lai, Hong Kong

The threat of sanctions will be a strong motivation for companies to up their game to prevent IP infringement, according to industry experts

chinabadfaithBusinesses in China are concerned that they will need to shoulder the burden of fighting against counterfeits under the country’s corporate social credit system (SCS), which is expected to be fully implemented by the end of 2019.

The corporate...

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