Several shops in Hong Kong have been found selling counterfeit South Korean cosmetic products, Ming Pao Daily reported on Monday, citing an industry source.
Many of the stores that advertise such products actually get their supplies from mainland traders who sell cheap knockoffs, and mix them with genuine ones from South Korea, making it hard for buyers to tell the difference between fake and authentic goods, the source said.
In 2013 Hong Kong replaced Japan as the second largest importer of South Korean cosmetics products after mainland China, with shipments jumping 11.16 percent to HK$1.678 billion (US$216.5 million) from the previous year, the report said, citing South Korea’s customs figures.
Meanwhile, Korean authorities have found that large amounts of fake cosmetic products are coming from mainland China, and being exported to Hong Kong, Thailand and Vietnam.
China has set up five intellectual property protection centers in Beijing, Shanghai, Qingdao, Guangzhou and Shenyang to help South Korean firms secure IP rights for their products, the report said.
– Contact us at [email protected]