Gray Market for Electronic Counterfeit Gadgets is Very Lucrative in China

fake-iphones

Fake iPhones

Apple’s iPhone 4 is not officially for sale yet in China and may not be for several months. Neither is the popular iPad touch-screen tablet.   But never mind. Both devices are readily available at a plethora of Chinese electronics malls in Beijing, Shanghai and all the major cities, in what constitutes China’s lucrative telecommunications “gray market” that rivals — and in some cases, surpasses — the real thing.

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