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Alibaba, Counterfeits, and China’s Shortcut Corporate Culture

June 9, 2016

For a long time, China has had the dubious honor of being famous for its ability to produce “knock-off” branded goods for sale. Many Chinese businesses also have been caught for their shady accounting practices and tricks that many businesses relied on to increase valuation for unsuspecting investors or partners. Explosive growth of e-tailers like Taobao (淘宝) and JD.com (京东), along with these two infamous schemes, created a perfect storm.

You can read more of my original post at this link.

Alibaba, Counterfeits, and China’s Shortcut Corporate Culture

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