I think somewhere along the thread people got confused.
I assumed that the china bought "fake" JEM meant that it carried the Ibanez logo, the same way we find fake LV wallets.
The way SoulJah used the term, he meant lookalikes, but they as they did not have the Ibanez logo on them, I would not call them fakes, maybe "imitations" or "copies" would be a better word.
Example:
Gibson copy: we think of burnys and tokais
Gibson fake: we think of a guitar that is not a gibson, but puts the logo on the headstock.
Licensed means you have the legal right to copy.
Be careful how the terms are used.