Guys, lots of articles and documentaries have been written about this subject. The replica industry is close to, if not same or more, to that of the genuine luxury time piece market. Literally in the hundreds of million dollars. You don't think these guys in China can afford a $50k watch to make a rep from? Don't fool yourself, these guys are making tons of money. I saw a documentary some time ago that showed a dealer, not a large one no less, that live in a huge gated mansion and drove a Mercedes. Just because the quality isn't up to genuine specs don't be fooled into thinking these guys aren't making fortunes.