Cracking Down on Piracy
In 2005 China’s courts convicted 741 people in 505 criminal product-piracy cases.
The courts also handled 16,453 civil cases of property-rights violations…an increase of 20% over 2004.
In short – China is trying to crack down on piracy. They want to stop the illegal copying of movies, music, software and other goods.
The last time I was in China, I, um, procured a couple of movies from a street vendor outside of the US Embassy in Beijing. Excited about having something to watch on the 14 hour plane ride home…I soon learned…they didn’t work.
I was wrong for buying these things…I think it cost about $3 for 2 of them. And it made me mad, too. I hope China does crack down on the theives, big time. And ask them to vive me back my $3!
Seriously, Hollywood movies and heart medications cost makers of legitimate products worldwide up to $50 Billion! Ouch!
An interesting point is that 95% of the piracy cases involve violations against Chinese companies and only 5% against foregin companies….
Uh…is China going after the wrong people?
Doing business in China does have its challenges.
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