But Putian’s local economy depends too much on counterfeiting

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According to RunRepeat, the counterfeit shoe demand statistics in 2023 is expected to close at $600 billion as opposed to the $500 billion by the end of 2022. One of the hazards of doing business in Putian are the intermittent crackdowns. But Putian’s local economy depends too much on counterfeiting to completely do away with it. A cursory search of Google images took him to popular Chinese sites like Taobao yezzy alides, AliExpress and DHgate, where crude counterfeits could be had for a little more than $20. By comparison, Nike’s decision to make more of its Jordans available dulled enthusiasm for the shoes.

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