On Hangzhou-based Taobao.com, the largest online shopping portal in China, nearly 63 percent of goods are counterfeit, according to a recent report by the State Administration for Industry and Commerce. A random inspection examined samples from a number of large Chinese online shopping sites, and found that 41.3 percent were fakes. The counterfeit rate on Tmall.com, which shares the same parent company as Taobao, was 15 percent.

(Source: China Daily)