In name only: Are free trade zones assisting capitalism or criminals and crony capitalists?

Article Highlights

  • One universal when it comes to the trade of counterfeit products through #FTZs is 50-90% of all international fakes originate in China.

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  • The worst #FTZs are not run by legitimate administrators but by mafia kings – some even finance terror groups like Hezbollah.

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  • The corruption in many #FTZs is ironic because corruption kills economic freedom in the very areas designated to protect and nurture it.

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Poisoning markets, poisoning babies: Confronting the Chinese counterfeit industry from American Enterprise Institute on Vimeo.

In Name Only by American Enterprise Institute

 

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Roger
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