China Claims Anti-Piracy Success

Today China claimed great progress in protecting international intellectual property. China, known for its extensive piracy of Western media, broadcasts pirated movies on network television. Pirated goods constituted $200 billion last year, or slightly over 2% of global trade. 52 million CDs and DVDs were seized and 4,000 arrested in the past year. These gains, while promising, are relatively low compared to massive scope of piracy still in existence.