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CALIFORNIA IN CHINA: Energy and Commerce Governor, on rebound ... - San Francisco Chronicle
Intellectual property rights: The International Intellectual Property Alliance, a trade coalition, estimates that 95 percent of motion pictures, 85 percent of all music, 90 percent of business and entertainment software, and half of all books sold in China were pirated copies -- a loss estimated at $2.5 billion in 2004. With high tech and entertainment leaders along for the trip, "Schwarzenegger has to make the case that ... a lot of people are waiting in the wings to make their technology plays if China will work cooperatively with our best companies," said author Ted Fishman, who wrote "China Inc.," a study of the rise of a new business superpower.