E-commerce giant hits out at fakes
By He Wei in Shanghai | China Daily | Updated: 2017-03-01 07:46
Firm identifies over 4,000 cases of counterfeit products on its platform
E-commerce titan Alibaba Group Holdings Ltd has called for tougher laws, stiffer enforcement, and harsher penalties to crack down on fake products, in the latest attempt to shed its reputation as a haven for selling knockoffs.
While identifying 4,495 leads related to counterfeiting last year through its local taskforce, the company said a low conviction rate was hampering the imposition of tougher criminal sanctions against such illegal activity.
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