Top Biz News
Chinese vendor faces prosecution for selling fakes
(Xinhua)
Updated: 2010-01-09 15:41
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A Chinese vendor is facing prosecution over selling bags with faked international brands to tenants of Beijing's "Silk Street" market since May 2007, the Beijing Daily reported Saturday.
Police seized in vendor Yang Changjun's warehouse more than 8,000 bags faking famous brands such as Louis Vuitton and Chanel, which were worth nearly 770,000 yuan ($113,000), according to the report.
The case had been accepted by the court of Beijing's Chaoyang District, where "Silk Street" is, the report said.
No more details were immediately available. Phone calls to the court rang unanswered.
The "Silk Street" market has raised controversy in recent years over trademark infringements, but it still enjoys popularity among consumers for its low price, even among foreigners.
