Impacts of Piracy and Counterfeiting of American Goods and Intellectual Property in China: Hearing Before the Subcommittee on Trade, Tourism, and Economic Development of the Committee on Commerce, Science, and Transportation, United States Senate, One Hundred Ninth Congress, Second Session, March 8, 2006 [open pdf - 999KB]
From the opening statement of Gordon H. Smith.: "U.S.-China economic ties have expanded greatly in the last several years. In 2005, total bilateral trade rose to an estimated $286 billion up from only about $5 billion in 1980. Today, China is the United States' third-largest trading partner and our fourth-largest export market. While U.S. exports to China have grown dramatically in recent years, so too have Chinese exports to the United States. Last year, the U.S. trade deficit, however, with China hit a record $203 billion. Experts will tell you that while staggering, this number also reflects goods produced by U.S. companies in China and then shipped to the United States and sold to American consumers. What is not reflected in this number is the billions of dollars that U.S. producers lose because of illegal reproduction of software, retail piracy and trademark counterfeiting in China. My staff, in fact, showed me some Zippo lighters that are ones genuine made there. And two others are counterfeit, but they make clear though made there, that they represent to be made in Bradford, Pennsylvania. Not honest, not good. The reality is that the Chinese are consuming U.S. goods, but they are not always paying for them." Statements, letters, and materials submitted for the record include those of the following: William P. Alford, Chris Israel, Franklin J. Vargo, Andrew York, Daniel K, Inouye, Jim DeMint, Byron Dorgan, and Gordon H. Smith.
S. Hrg. 109-1105; Senate Hearing 109-1105
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