Saturday - 20 Apr 2024 | 21:49:08 Home  |  Sitemap  |  RSS   
 Gerasimov: Russia calls on SCO countries to participate in Syria’s reconstruction   ::::   Damascus International Fair to witness wide international participatio   ::::   Ryabkov: UNSC to hold emergency session to discuss situation in Idleb   ::::   US-led coalition admits responsibility for killing 77 civilians in Raqqa last summer   ::::   Jubata al-Khashab in Quneitra is clear of terrorism   ::::   Lavrentiev: Moscow stands by Syria sovereignty… Russian forces are there to combat terrorist organizations   ::::   Final statement of Astana 10 round affirms preserving Syria’s sovereignty and territorial integrity   ::::   New batch of displaced Syrians return from Lebanon   ::::   Army liberates 8 towns and villages in al-Yarmouk basin, moving closer towards ending terrorism in Daraa countryside   ::::   As the Syrian army liberated Quneitra of terrorism, it will restore the occupied territory   ::::   South Ossetia’s President concludes his visit to Syria: Enhance aspects of cooperation with Damascus   ::::   Moscow: Consultations underway to lift unilateral economic sanctions on Syria   ::::   Zakharova: “White Helmets” involved in fabricating lies and criminal acts   ::::   Families of Russian Martyrs visit Syria, affirm joint war against terrorism   ::::   Presidents al-Assad and Bibilov affirm importance of launching bilateral relations between Syria and South Ossetia   ::::   46 buses carrying hundreds of terrorists on board exit from Quneitra countryside   ::::   Lavrov underlines importance of helping Syria in reconstruction   ::::   National flag hoisted in Naseeb town paving way for return of state institutions   ::::   Russian air defenses down UAV in Hmeimim   ::::   Terrorists who refused to join reconciliation in Mahajjeh town in Daraa northern countryside evacuated to northern Syria   ::::   Syria condemns the new Jewish racial law   :::: 
http://www.shamrose.net
Home » Business & Finance
Share |
China piracy costs almost million jobs
China piracy costs almost million jobs
Montana - US firms could support nearly one million more jobs if China stopped intellectual property violations, a study said on Wednesday, leading US lawmakers to call for a tough line with Beijing.
In a report requested by senators, the US International Trade Commission surveyed US businesses and estimated that they lost some $48 billion in 2009 due to infringement of intellectual property rights by China.
If China raised its enforcement to US levels, the companies could increase employment at home by 923,000 jobs, the survey said. However, the figure includes hiring from other companies, not just new jobs in the sector.
The commission gave an even higher estimate when it relied on a statistical model rather than its survey. It said up to 2.1 million jobs could be supported if China cracked down on rampant piracy in areas such as software and movies.
Max Baucus, the chairman of the Senate Finance Committee that sought the study, said China’s trade practices were costing the United States “billions of dollars and millions of jobs.”
“We cannot pretend that there aren’t real consequences to these violations when these numbers show that millions of American jobs are on the line,” said Baucus, a member of President Barack Obama’s Democratic Party.
The report was released as trade officials from 21 Asia-Pacific economies met at the Big Sky ski resort in Montana, the home state of Baucus who pressed to host the session of the Asia-Pacific Economic Cooperation (APEC) forum.
Baucus hoped that the Big Sky meeting would help to “break down trade barriers and make it cheaper, faster and easier for US small businesses to export to these lucrative markets.”
The United States and China, the world’s two largest economies, have long sparred on trade with a number of US lawmakers accusing the emerging giant of unfairly supporting its industries to fuel exports.
China’s piracy is also a problem for other countries’ companies. An official study in Beijing recently found that pirated software cost the domestic industry 130.9 billion yuan ($20.1 billion) in 2010.
 
 
(AFP)
Friday 2011-05-20  |  14:26:15   
Back Send to Friend Print Add Comment
Share |

Would you like to comment on the subject ? 
: Your Name
: Country
: Subject
: Comment

: Code
   
http://www.
SEARCH
Copyright © syriandays.com - All rights reserved
Powered by Ten-neT.biz ©