CNET: The copyright challenge in China
"Signs of China embracing global market rules abound, from Beijing's decision to loosen its currency's peg to the dollar to the willingness of Chinese companies to pursue acquisitions abroad."
"But one thing never seems to change, and it's as obvious on street corners today as it was six years ago. In 1999, when "Star Wars Episode 1--The Phantom Menace" debuted, it was quickly pirated on DVDs that sold throughout China for next to nothing."
"The problem affects virtually every industry, from films to software to drugs to auto parts. What's more, as China's exports have surged in recent years, so have counterfeit exports. About two-thirds of pirated goods seized by U.S. Customs come from China. Though it's difficult to place a value on financial losses, the U.S. Trade Representative estimates that counterfeiting worldwide costs American companies around $200 billion to $250 billion per year, with China likely responsible for the majority of those losses."
No comments:
Post a Comment