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China Piracy Cost U.S. Firms $48B in 2009
China piracy costs U.S. firms $48 billion last year? Oh c'mon, $48 billion....that's all?
Chinese piracy and counterfeiting of U.S. software and a wide range of other intellectual property cost American businesses an estimated $48 billion in 2009, the U.S. International Trade Commission said in a report released on Wednesday.