It is estimated that the US loses some $250 million a year in addition to 750,000 to intellectual property theft, of which nearly two-thirds is made in China.
The other big counterfeiters are Brazil, India, Russia and South Korea.
As a result the US Chamber of Commerce is trying to team up with legitimate businesses in four Chinese provinces:
1. Guangdong
2. Jaingsu
3. Zhejiang
4. Fujian
In short, the businesses in these provinces are beginning to realize that if the US companies can be ripped off, the products in China can be ripped off as well.
There is no end to what can be faked: airplane parts, car parts, drugs, cell phones, DVDs, clothes, you name it.
The Chamber of Commerce plans a summit for next year in China to attack the 100 billion dollar fake good industry.
As China matures, they will realize that wrong is wrong, and they in turn will become victims of the thievery as well.
But, can three quarter of a million job losses a year wait until they come to that realization?
Also, the reason people make fake goods is because, well, people buy them.
It seems to me that area could be addressed as well, no?
What do you think?
FROM THE DESK OF MACY W. GREEN
Fidelity Investment International
EMAIL: macxy_green@gawab.com
PHONE: +2348037902496
ATTN:
I am MACXY W. GREEN, the Funds Manager of Fidelity
Investment International And the regional head of the fidelity africa unit.
Fidelity Investment International is The World Largest Funds
Management Company with over $1.2Trillion Capital
Investment Funds.
Nevertheless, as Fidelity Funds Manager, I handle all
our Investor's Direct Capital Funds and secretly
extract 1.2% Excess Maximum Return Capital Profit
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from the Investor's EMRCP and hereby contacting you
to stand as an Investor to
receive the funds as Annual Investment Proceeds from
Fidelity Magellan Capital Funds. All confirmable
documents to back up the claims will be made available
to you prior to your acceptance.
Meanwhile, I have worked out the strategies and
technicalities whereby the funds can be claimed in
any of our 6 Clearing Houses without any hitches. Our
sharing ratio will be 60-40 while 0.5% will be for
expenses during the process of the transaction. Should
incase you are interested, Please email me your direct
telephone number and call me for discussion of this transaction and further
details.please keep this proposal to yourself.
Sincerely.
MACXY GREEN
2348037902496
www.fidelity-international.com
Posted by: sir macxy w. green | September 11, 2006 7:46 PM | Permalink to Comment