The Chinese police say they have busted a counterfeiting ring that produced as many as a million fake Chanel and Louis Vuitton handbags. But phony goods (from medicines and books to Ray-Bans and Rolexes) continue to be openly sold in China, as well as in the three Southeast Asian cities being visited this week by President Obama - Bangkok, Yangon and Phnom Penh.
Reported by NYTimes.com 1 hour ago.
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