The Wall Street Journal reported this week that Alibaba’s Jack Ma almost endorsed pirated goods by commenting that fakes were sometimes better quality than originals.
“The problem is the fake products today are of better quality and better price than the real names,” he said at Alibaba’s investor day in Hangzhou. “They are exactly the same factories, exactly the same raw materials but they do not use the names.”
Of course these comments created a storm of protest from luxury brand owners, who for years have complained about counterfeit goods on Taobao, a popular Chinese website. […]