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Nike, LVMH Praise China’s Efforts to Combat Fake Bags and Shoes

Nike Inc. and LVMH, which have long struggled against knockoffs of their famous products, praised China’s efforts to fight intellectual property theft. U.S. President Donald Trump has cited IP violations, including the counterfeiting of major brands, as justification for imposing tariffs on Chinese exports. But executives at the two companies were more charitable at the…

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