Property Theft in China, Says Bsa

U.S. NewswireMay 18, 2011

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International Trade Commission investigation finds up to 2.1 million US jobs at stake

WASHINGTON, May 18, 2011 /PRNewswire-USNewswire/ -- Rampant intellectual property theft and restrictive indigenous innovation policies in China cost the US economy up to 2.1 million jobs, an investigation by the US International Trade Commission has found. Conducted at the request of Senate Finance Committee Chairman Max Baucus (D-Mont.) and former Ranking Member, now Senior Committee Member Chuck Grassley (R-Iowa), the yearlong investigation underscores how the widespread theft of business software products in China harms all sectors of the US economy, not just software makers.

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Property Theft in China, Says Bsa

"The ITC report confirms what the software industry has long known: The Chinese practice of ignoring the intellectual property rights of US innovators harm...

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