For years, Shenzhen, China’s manufacturing hub, has been cranking out a slew of counterfeit merchandise—everything from fake designer handbags, expensive watches, cheap DVDs, cell phones and even, sham art masterpieces.
But the fake-goods industry appears to have climbed several notches higher in the value chain. At the recently held 2009 Shanghai auto expo, the Chinese auto industry rolled out a knockoff of the British ultra-luxury car Rolls-Royce Phantom.
The cloned model—called Geely GE—has almost the same specs as the original, but with a price tag of £30,000, it is significantly cheaper than the original, which costs £250,000.
http://wheels.blogs.nytimes.com/2009/04/21/a-rolls-royce-knock-off-from-china/
http://www.digitaljournal.com/article/272081
But the fake-goods industry appears to have climbed several notches higher in the value chain. At the recently held 2009 Shanghai auto expo, the Chinese auto industry rolled out a knockoff of the British ultra-luxury car Rolls-Royce Phantom.
The cloned model—called Geely GE—has almost the same specs as the original, but with a price tag of £30,000, it is significantly cheaper than the original, which costs £250,000.
http://wheels.blogs.nytimes.com/2009/04/21/a-rolls-royce-knock-off-from-china/
http://www.digitaljournal.com/article/272081
