Trade and China Piracy

Beware of what you purchase online, especially when it comes to drugs as most of the websites are actually shadow companies located in China. China is the biggest piracy participant of American protected materials and patented drugs. The website appearing in the link although having the name “,US drugstore”, is not an American company. It’s a Chinese company hiding behind the name. Trying to deceive us.
The U.S. Commerce Department estimates suggest that U.S. companies lose over $1 billion per year of legitimate business due to piracy, while the U.S. Trade Representative calculates that more purchases of legitimate software and entertainment media alone would reduce the U.S. trade deficit with China by $2.5 to $3 billion per year. Understanding which businesses are most vulnerable to these losses is important for investors evaluating a company’s China strategy.

US drugstore


R.J. Intindola