The scandal of counterfeit products from China receives attention in the Telegraph. This is not a new problem as I recall hearing about similar things happening when I lived in Hong Kong in the 1980s anf the 1990s. Caveat emptor certainly, but better to do your 'due diligence' in advance of purchase.
UPDATE: (Tuesday 10JUL07 08.36 BST) The wages of sin is death, for one corrupt official in China. I deplore capital punishment and wonder whether (no, let's be honest, I believe that) the kind of repressive regime that operates in China is itself at least partly responsible for fostering a climate where corruption like this can exist.