Monday, July 03, 2006

U.S. fights flood of fake goods

U.S. fights flood of fake goods
by FOSTER KLUG, Associated Press
Mercury News, publication date: 29 June 2006
"Another problem is a reluctance by U.S. companies to cooperate publicly. Primosch said many are afraid that if they complain too loudly, China will retaliate, forcing them out of what's considered the most important major growth market in the world for U.S. manufacturers.

Until the problem is solved, industry representatives say many U.S. companies eyeing China face bleak prospects.

Patricia Schroeder, president of the Association of American Publishers, estimated in recent testimony that U.S. publishers in China lost $52 million last year, part of a 'staggering amount of book piracy plaguing this most promising of markets.'"

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