Xiangyang Market in Shanghai, synonymous with counterfeit and pirated products, closed June 30th. But now it seems to have risen out of its ashes, in a hybrid form. The market stalls of Xiangyang meet Taobao, the Consumer-to-Consumer site of Alibaba.com. Will this ‘city’ of bricks and clicks respect IPR or will counterfeiting and piracy just virulently expand online? What do you think?
Source: Pacific Epoch, see here.
