One World, Many Schemes….
A report in the China Daily warns: “China may be famed for fake goods, but don’t mess with the Olympics.” Is this a logic puzzle? I think Beijing will do better curbing Chinglish, getting the gum scaped off Tiananmen Square or getting an accredited degree at Macau University of Science and Technology.
Hey, but so far the Olympic IP patrols have logged 1,556 cases of violations involving souvenirs. This sounds good, but, the goods seized over a three year period have only amounted to about $1.9 million USD and the fines handed out totaled $1.1 million USD. OK, do the math: $1.1 million divided by 1,556 equals about $707 dollars a case. What a deterrent!
In all, 428 cases have been “uncovered” since the beginning of 2006. Here in Guangzhou 428 cases wouln’t close even one of the bootleg speakeasy joints near me and $707 dollars would not be more than a couple of days worth of gross.
The Beijing Olympic body has registered the seven main Beijing Olympic trademarks, including the “friendlies” and they are reportedly moving ahead to register 69 other Olympic trademarks, including the torch design. THE GAMES ARE NEXT YEAR! Somebody forgot this part of the early planning?
I was a bit stunned that the Trademarked products will only add $30-45 Million USD to the assets side of their $38 billion Oympic debt: Licensed merchandise in the last two Olympics grossed about $300 Million and the host city pockets 10-15% of the total. The Backstreet Boys make that much on pajama royalties don’t they?
I think some smart entrepreneur will set up an authentic licensed shop online and smart shoppers will inspect goods carefully while avoiding vendors at the Great Wall that sell watches with Mao waving an Olympic torch.
I bought several “Friendlies” (before their name was changed to the expectorant “Fuwa”) collector coin sets for friends, but made sure they had the goverment hologram and unique certificate number inside. You could actually an offical number provided and verify authenticity and no, the call wasn’t answered in Nigeria.
I did pick up a couple, like the one below, that have no company name and no contact number printed on them, so I am guessing they will eventually have less value than a McDonalds’ Happy Meal insert.
VERY similar to the i-Pod won by D.M.P. and sent back to me by customs:
Everything looks, and almost acts, exactly like the real deal, but the wheel does not turn….
Picture taken with my Macbook–a real one–albeit with a broken screen…..