Friday, March 23, 2012

Counterfeit Wine In China

Note the comment at the end:

The most common form of deception consists of tweaking a label ever so slightly to trick consumers into thinking they're buying a name brand. Makers of these impostors sell in the open at wine exhibitions, renting booths alongside the legitimate competition.

But of course, in Asia forgery is just another art form, and the consumer gets what he paid for.  if your forgery is so good that no one can tell the difference, then your forgery is worth the price of an original.  But isn't that fraud?  It is because we say so in the West, as a matter of our patterns and practices in business.  But is is not objectively wrong, if forgery is a matter of patterns and practices in business, as it is in China.  Hence,  there is nothing objectionable about what we call a forger, but the Chinese call talent, showing their works next to the real McCoy.

Here is a Reuters video on the topic...

Yet there is demand for the real thing.  The market can provide that, especially now with the improvements in communication wrought by the internet.  opportunities abound.

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