2. Mr. Weiss China and Intellectual Property What do we mean by “intellectual property”??

3. Mr. Weiss China and Intellectual Property What do we mean by “intellectual property”?? Intellectual Property First published Tue Mar 8, 2011 Intellectual property is generally characterized as non- physical property that is the product of original thought. intellectual property Noun Law. property that results from original creative thought, as patents, copyright material, and trademarks. Dictionary.com

4. Mr. Weiss China and Intellectual Property Rampant Piracy Lands China on “Watch List” (cnet news.com/ - 5-2-05) The Bush administration has placed China on a “priority watch list” for allegedly not doing enough to protect intellectual property rights. …”China must take action to address rampant piracy and counterfeiting, including increasing the number of criminal (infringement) cases and further opening its market to legitimate copyright and other goods,” said acting US Trade Representative Peter Allgeier. The Bush administration has placed China on a “priority watch list” for allegedly not doing enough to protect intellectual property rights. …”China must take action to address rampant piracy and counterfeiting, including increasing the number of criminal (infringement) cases and further opening its market to legitimate copyright and other goods,” said acting US Trade Representative Peter Allgeier.

5. Mr. Weiss China and Intellectual Property Software Industry Continues to lose Billions to Piracy (www.zdnetasia.com 5-19-05) www.zdnetasia.com Piracy continues to be a major challenge for the global software market….. …the global software market suffered close to US $33 Billion in losses due to piracy last year, (2004) up from US 29 Billion in 2003. Twenty-four nations registered piracy rates of 75 percent and above – several nations of which were in Asia including Vietnam (92 %), China (90%), Indonesia (87%) and Thailand (79%).

6. Mr. Weiss China and Intellectual Property Intellectual property in China Still murky Is the Middle Kingdom getting serious about protecting intellectual property? Apr 21st 2012 | HONG KONG | from the print edition ECONOMIC SCENE The Real Problem With China By DAVID LEONHARDT DAVID LEONHARDTDAVID LEONHARDT Published: January 11, 2011 For the United States, the No. 1 problem with China’s economy is probably intellectual property theft. Technology companies, for example, continue to notice Chinese government agencies downloading software updates for programs they have never bought, at least not legally.

7. Mr. Weiss China and Intellectual Property Software piracy declined in 2011 (China Daily)China Daily 13:54, May 25, 2012 Less than 40 percent of software installed on computers in China was pirated in 2011,a decline of 3 percentage points from the previous year, according to Chinalabs.com, a consulting and research company. The software piracy rate dropped from 41 percent in 2010 to 38 percent last year, the seventh year that the figure declined, according to data released by the company, entrusted by the State Intellectual Property Office, on Thursday

8. Mr. Weiss China and Intellectual Property In 2005, the Organization of Economic Co-operation and Development (OECD) estimated that the international trade in counterfeit and pirated products was approximately $200 billion. This estimate does not include domestically produced and consumed counterfeit and pirated products or those pirated products distributed via the Internet. The OECD reports that if these items were calculated the total magnitude of counterfeiting and digital theft worldwide would be several hundred billion dollars more. To put these numbers in perspective, in 2005 the international trade of counterfeit and pirated goods (approximately $200 billion) was larger than the national GDP of 150 Countries. Fact Sheet 2010 (AFL-CIO) INTELLECTUAL PROPERTY THEFT: A THREAT TO U.S. WORKERS, INDUSTRIES, AND OUR ECONOMY

9. Mr. Weiss China and Intellectual Property The U.S. Trade Representative estimated that the U.S. economy lost between $200 and $250 billion in 2005 due to piracy. IP theft has a negative effect on employment in all copyright industries. It is estimated that the U.S. economy loses 373,375 jobs annually due to piracy. In addition, U.S. workers lose $16.3 billion in earnings annually as a result of copyright piracy. Broken down, $7.2 billion in earnings would have gone to workers in the copyright industries or in downstream retail industries and $9.1 billion in earnings would have gone to workers in other U.S. industries.

10. Mr. Weiss China and Intellectual Property The music industry has been deeply hurt by the increase in recent years of digital sound recording theft. In 2005, the U.S. economy lost an estimated $12.5 billion in total output due to music piracy. Music piracy cost the U.S. economy an estimated 71,060 jobs in both the sound recording industry and downstream retail industries. In addition, music piracy cost U.S. workers $2.7 billion in earnings.