Ron Burgundy Posted December 18, 2015 Share Posted December 18, 2015 WASHINGTON/SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd has avoided being named on a U.S. blacklist for sites hosting the sale of fake goods, a victory for the firm after lobbying hard to avoid inclusion on the list. The U.S. Trade Representative (USTR) said, though, it was "increasingly concerned" about Alibaba's enforcement programs and warned it must make a greater effort to stop the sale of pirated and counterfeit products on its online platforms. Inclusion on the annual list of the world's most "notorious markets" for sales of pirated and counterfeit goods, while not carrying direct penalties, would be a blow to Alibaba's efforts to shed perceptions its sites are riddled with fakes. View the full article Quote Link to comment Share on other sites More sharing options...
BOSCH Posted December 18, 2015 Share Posted December 18, 2015 That is why not to use Alibaba, and not to invest, because at anytime the CCP (Chinese Communist Party) can take everything and close everything. They have done it many times already to business worth up to billion dollar USD mainland companies. Quote Link to comment Share on other sites More sharing options...
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