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China produces 500m pirated books a year
Pirates and bootleggers in China produce 120 million counterfeit audio and video products and 500 million unauthorised books a year, says an official with the General Administration of Press and Publications, reports the China Daily.
The rampant piracy of audio and video products and books has seriously affected China's international reputation and future investment prospects, said Liu Binjie, vice director with the General Administration of Press and Publication, during a movie festival organized by college students in Beijing. "The audio and video product market alone is suffering annual losses of billions of yuan, while book piracy has left publishers and distributors with legal copyrights in a very unfavorable position," Liu said.
Liu said while China's on-going crack down on piracy is appreciated by international copyright holders, the current situation is still far from satisfactory.
http://www.chinadaily.com.cn/china/2007-03/17/content_830307.htm
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