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Alibaba’s Jack Ma says fakes are better than originals
cnbc ^

Posted on 06/14/2016 1:13:56 PM PDT by BenLurkin

Jack Ma said many counterfeit goods are now of better quality than the genuine articles, in an apparent riposte to criticism that Alibaba, the Chinese ecommerce group he founded, profits from the sale of knock-offs.

The remarks by the chairman of Alibaba, which has long been dogged by accusations of tolerating the sale of counterfeit goods on platforms such as Taobao, are unlikely to be welcomed by luxury goods makers.

"The problem is the fake products today are of better quality and better price than the real names. They are exactly the [same] factories, exactly the same raw materials but they do not use the names," he said during a speech on Tuesday at Alibaba's headquarters in Hangzhou.

(Excerpt) Read more at news.google.com ...


TOPICS: Business/Economy
KEYWORDS: criminal; knockoffs

1 posted on 06/14/2016 1:13:56 PM PDT by BenLurkin
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To: BenLurkin

Oh yeah.

Hillary’s first SecDef.


2 posted on 06/14/2016 1:14:25 PM PDT by Steely Tom (Vote GOP: A Slower Handbasket)
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To: BenLurkin

Jack Ma is one creepy looking dude!


3 posted on 06/14/2016 1:15:47 PM PDT by Cowboy Bob
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To: BenLurkin

I bought a monteblanc wallet in hong kong about 13 years ago and it’s still in great condition. Only 20 dollars, retail 350. It’s not better, it’s identical.


4 posted on 06/14/2016 1:19:21 PM PDT by Vic S
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To: BenLurkin

Modern China is built on night fertilizer!


5 posted on 06/14/2016 1:20:45 PM PDT by Dr. Ursus
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To: Cowboy Bob

Human crab alien hybrid


6 posted on 06/14/2016 1:20:47 PM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: BenLurkin

Top ten Chinese toy knock-offs.

http://youtu.be/pi5eQPzcXxg

Number 5: Harry Potter Obama Sonic.


7 posted on 06/14/2016 1:27:48 PM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: BenLurkin

8 posted on 06/14/2016 1:33:24 PM PDT by smokingfrog ( sleep with one eye open (<o> ---)
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To: BenLurkin

Fake Silver and Gold Eagles from China is actually an act of war.


9 posted on 06/14/2016 1:34:47 PM PDT by chopperman
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To: chopperman

Who is selling those?


10 posted on 06/14/2016 1:42:40 PM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: BenLurkin

They pop up on ebay with regularity


11 posted on 06/14/2016 1:52:57 PM PDT by wrench
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To: wrench

Note to self: Do not buy rare or valuable coins on Ebay.


12 posted on 06/14/2016 2:50:53 PM PDT by Kommodor (Terrorist, Journalist or Democrat? I can't tell the difference.)
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To: Kommodor

Also, don’t sell there, either.

Say you sell a gold eagle, and the buyer claims it a fake. ebay takes your paypal payment back and he sends the coin back, except the one he sends back really is fake.

How do you prove that is not the one you sent him?


13 posted on 06/14/2016 3:21:00 PM PDT by wrench
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To: Vic S

Oh no! It’s better. You have $330 bucks of better! lol


14 posted on 06/14/2016 3:40:36 PM PDT by US_MilitaryRules (The last suit you wear has no pockets!)
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To: Vic S

Chiang Mai night market has some great rip offs but it’s buyer beware. Years ago I got a dandy Levi pants copy. Put them on the next day and went around town in 85F heat and 90% humidity. In the evening everything was still fine except for my blue legs.


15 posted on 06/14/2016 4:56:06 PM PDT by JimSEA
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To: BenLurkin
Fake Chinese Gold and Silver
16 posted on 06/14/2016 7:10:24 PM PDT by chopperman
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To: JimSEA

I lived in Chiang Mai for about 2 years. Thailand does not have good fakes. Believe it or not, Laos is really where I got the wallet, in Vientiane or Luang Prabang. But they get their stuff from Hong Kong. The store is in both cities, it’s called the Walk Man or something like that. Most of the stuff in those 2 stores is high quality fakes.


17 posted on 06/14/2016 8:06:57 PM PDT by Vic S
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To: Vic S

We still have a house in San Sai Noi. My wife is from Phrae but got her nursing degree at Payap. We enjoy the area but are getting too old to travel much so a Nephew is using the house now.


18 posted on 06/14/2016 9:15:34 PM PDT by JimSEA
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To: JimSEA

I like Chiang Mai. Good airport and great place to get an apartment and centrally located to travel around SE Asia. Laos was always my favorite country though, I’ve spent a lot of time there.


19 posted on 06/14/2016 9:43:10 PM PDT by Vic S
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To: JimSEA; Vic S

Hi, Guys - Sawatdee khrap. Old Thailand hand for 50+ years, now & have kept a home at Chiang Mai (Ban Nai Fan Song) for almost twenty years. I’m away at the mo’ so thanks for making me homesick! Khap khun khrap. B A.:


20 posted on 06/15/2016 4:09:00 AM PDT by Brian Allen (Buraq Hussayn bin Buraq Hussayn bin Hussayn Oogooboogo Ubambi: To America as was Pol Pot to Cambodia)
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