Price Range For Counterfeit Wines in China

in Business Risk, Counterfeit Goods

Fake wines are sold in China at prices as little as $13 (90 Yuan) to as high as $5,440 (35,000 Yuan).

The counterfeit wine market in China is estimated to be worth $685 Million annually.

Source: AFP, “China awash with counterfeit vintage wine,” Google News, August 10, 2011. 

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