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Counterfeit Goods and Piracy Industry
China
Market Overview
The United States Government estimates that global companies lose more than $60 billion due to counterfeiting and piracy in China
6 counterfeit products listed.
China Black Market Country Page
Counterfeit Market Value: $60 Billion
Source: Bloomberg, " U.S., EU Pledge to Fight Counterfeit Goods From China, Russia," Bloomberg.com, June 19, 2006, http://www.bloomberg.com/apps/news?pid=10000100& sid=aTSjqiimKzYc& refer=germany (accessed: June 20, 2006). The Associated Press has placed the figure at $50 billion a year. AP, " China's piracy hurting its own industries," MSNBC.com, July 7, 2006, http://msnbc.msn.com/id/13617619/ (accessed: July 10, 2006).
Market Values of Counterfeit and Pirated Goods in China
Products
Market Value
Books
52 Million
Cigarettes
9.07 Billion Cigarettes
Movies
2.7 Billion*
Music
451.2 Million
Software
5.429 Billion
Video Games
589.9 Million
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