China vows copyright cooperation after WTO case

[Coventina]

Source: Reuters

SHANGHAI (Reuters) - China pledged on Tuesday to cooperate with other countries to strengthen its protection of copyrights and trademarks, after the United States claimed victory in a groundbreaking World Trade Organization case.

A WTO panel found "a number of deficiencies" in China's enforcement of intellectual property rights, Washington announced on Monday. U.S. music, movie, book and software groups claim piracy in China costs them over $3.7 billion in lost sales.

"We will engage vigorously with China on appropriate corrective actions to ensure that U.S. rights holders obtain the benefits of this decision," acting U.S. Trade Representative Peter Allgeier said.

In a brief statement on Tuesday, Chinese Ministry of Commerce spokesman Yao Jian insisted that Beijing had made great progress in curbing piracy, and expressed regret that the WTO panel had not found in China's favor in areas such as copyright law.



Read more: http://www.reuters.com/article/technologyNews/idUSTRE50Q1NX20090127

[madrchsod]

1. ya right...throw hundreds of thousands if not millions out of work?

i doubt it...