Some of the watches on sale look nearly identical to the Apple Watch. Have a look on the Alibaba-owned e-commerce site. The real knock-off goods start at around 259 Yen, which is the equivalent of about £1.40. The best copy, however, would set you back around 3,000 Yen. That's about £15.
Funnily enough, the makers produce rip-offs of the Apple Sport (entry level) and the more expensive gold version, the Edition, but don't distinguish between them in terms of price.
Alibaba/Taobao
Here's the ad for one of the copies:
Apple / Apple wearable smart devices Apple Watch the first arrival of Apple's smart watches sale
Apple Watch standard models series has exquisite stainless steel and deep-space black stainless steel case, sapphire display material. Sport Series Case material for lightweight silver and gray anodised aluminium metal deep space, the display is tough Ion -X glass. Edition series by our metallurgical master crafted 18K gold steel case, the hardness of up to two times the standard gold material. Display sapphire material.
The Chinese versions have come out before the real Apple Watch, which was unveiled by Tim Cook on Monday and will officially launch in nine countries on April 24. In the
The FT notes that it highlights China's manufacturing speed and also the casual nature of counterfeiters, who don't seem to care at all. They display Apple logos without concern.
Business Insider reported that Chinese companies were hawking fake Apple Watches at CES last month. They might run a weird version of Android rather than iOS, but some appear to just tell the time, with no software whatsoever.