BIG SKY, Montana (Reuters) - Chinese piracy and counterfeiting of U.S. software and a wide range of other properties intellectual cost businesses US $ 48 billion in 2009, the International Trade Commission of the United States said in a report released Wednesday.
He also found 2.1 million jobs could be created in the United States if China met its current international obligations to protect and enforce intellectual property rights. The most direct impact of the jobs would be in high technology and other innovative industries.
The report, requested last year by top Democrats and Republicans on the Senate Finance Commission, gives additional ammunition to administration Obama to Beijing to press for better protections.
More than 26 billion dollars of losses came from information and the services sector and more than 18 billion came from the high technology and sector in addition to several billion more heavy manufacturing in other sectorsthe report said.
"The unfair practices of the China cost United States billions of dollars and millions of jobs", Chairman of the Committee on Finance of the Senate, Max Baucus said in a statement as top U.S., China and other Asia-Pacific trade officials gathered in his home in Montana for an annual meeting.
"Over and over again, China has failed to protect and enforce the rights of American intellectual property, and he continues to unjustly discriminate against American companies." We cannot pretend that it does the actual consequences of these violations when these figures show that millions of American jobs are on the line, "said Baucus.
(Reported by Doug Palmer; editing by Sandra Maler)
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