Alibaba Has Made Great Efforts In Cracking Down On Counterfeit Goods.

As time goes on and the middle class grows, Chinese consumers demand more. High-quality Products, which prompted Alibaba to take action to clean up. In 2015, Alibaba appointed Matthew Basil (Matthew Bassiur), a former Apple Corp Internet crime and counterfeit investigator, to take charge of its international anti counterfeiting operations. In addition, Alibaba has announced cooperation with Microsoft to remove unauthorized or counterfeit Microsoft software on its platform. Alibaba has introduced a new scanning software code design to prevent counterfeit goods.

Over the past four years, the US Trade Representative Office (USTR) has rejoined Alibaba in its annual notorious market list, calling it one of the world's largest fake markets. For Alibaba, this is like a head start. For a long time, Alibaba has been trying to get rid of the reputation of its fake market.

After the announcement, Alibaba "We are deeply disappointed by the decision of the office of the US trade representative, and they have obviously ignored the great efforts made by Alibaba in cracking down on counterfeit goods," Michael Evans, a group president, said in a statement. The Alibaba said that the fake and counterfeit counterfeit products that they took off in 2016 were 2 times that of 2015. The office of the United States trade representative has no reason to conclude.

The US trade representative's office may be politically affected because Donald Trump, the US president, has threatened to raise tariffs on Chinese exports in. The Alibaba said: "our results are very revealing. Unfortunately, the decision of the office of the United States trade representative has made us wonder whether its behavior is in line with the actual situation or is influenced by the current political atmosphere.

When the list of notorious markets was published in December 2015, the office of the United States trade representative warned that if Alibaba did not want to be re listed, the Alibaba needed to take more active measures to solve complaints in the industry and intensify efforts to combat counterfeit goods. The re listing of the notorious market has damaged the reputation of Alibaba in the United States, while affecting its share trading and trying to foster cooperation with US retailers, brands and entertainment companies. Alibaba's share price fell 0.7 percentage points on the New York stock exchange, which is currently $89.25.

Alibaba believes that the company is making every effort to crack down. Counterfeit goods 。 In October, the company said it had taken drastic measures to crack down on copyright infringement and helped the major brands clean up fake and shoddy products. In the 12 months ending August, Alibaba's Taobao platform has set off 380 million products while closing 18 online stores.

Investors have been increasingly skeptical of Alibaba's ability to expand in the US since its record of IPO in 2014. Alibaba has been condemned not to take adequate measures to eradicate counterfeit goods, especially on Taobao. Alibaba expects that more than half of its revenue will come from overseas, but winning the trust of foreign brands is the key to its expansion. The office of the United States trade representative said in its report: "the recent measures taken by the Alibaba have made us look forward to its future, but its current counterfeiting and infringement incidents have reached an intolerable level. Fake products and infringing products not only threaten the American economy, but also affect the creativity and innovation industry in the United States. "

Alibaba's Taobao makes money by advertising, and third party businesses can sell various products on the Internet, such as toys, food and medical equipment. Since these products are not owned by Alibaba, it is difficult for them to verify the quality of products. In October this year, the AAFA and 17 other organizations called on the US trade representative office to reclassify Alibaba and its Taobao platform in the "notorious market" list.

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