DongYang Market by Avya
It's actually a mini shopping complex, not a 'market' at all. You can get fake branded goods here such as Prada, Gucci, Coach... etc. for very good prices and the quality is quite GOOD!You need to bargain though... the prices are not fixed. Start about 60-70% lower than the quoted price and work your way upwards. I bargained for a couple of children's clothes from RMB 300 to RMB 130. And that too.... the lady seemed happy with her sale. Think I could have gotten lower.
Most of the vendors there speak fairly good English.I would recommend the Coach bags there. The designs are lovely.
If you're there before the Olympics, you can get some nice quality Olympic mascot keychains for RMB 20 for 5 pieces. That's the best price you can get. Many shops sell the same thing, so if you're not happy with the price one shop quotes just walk to the next and compare.
You can also get cheap luggages there which are of reasonable quality and good designs.