Amend law to kill fake goods business
A third-party vendor, Belle Boutique, is found to have sold China-made counterfeit luxury products like watches, apparels and bags through major e-commerce platforms, such as jumei.com, a beauty product seller, and jd.com, an e-commerce leader.
The two e-commerce giants have already issued statements of apology and vowed to stop cooperation with Belle Boutique, a small dealer based in Hebei province. They also have offered the fraud victims free and unconditional product return services.
The scandal is set to diminish consumer confidence in the two e-commerce giants, because people use their websites to buy luxury goods not only for the low prices they offer, but also because of the belief that the two reputable companies (both are industry leaders and listed on the US stock market) will not sell fake products.
