Police arrested three suspects for production of fake watches in Dongguan and seized more than 55,000 timepieces at their factory with unauthorized labels such as Radar and Citizen. The haul had a combined potential retail value of more than 100 million yuan ($16.3 million). The suspects said the factory was registered in 2005 to produce the watch faces and started to make counterfeits in 2011.
(Source: China Daily)
2014-12-25