Prez: Keep China’s trade status

WASHINGTON — President Clinton announced Monday he wants to extend most-favored-nation trading status to China for another year. The trade policy must still be approved by Congress.

“I can’t say that I’m very surprised” said Jay Berman, president of the Recording Industry Assn. of America. Berman said he supports the one-year extension, but added that any longer extension should be put off until China signs international trade agreements that would protect U.S. copyright holders.

Until last year China had been a frequent target of the film and recording industries, which complained that the Communist country allowed copyright piracy to go unchecked. Last year, after much cajoling, China closed more than 30 factories producing unlicensed material. Although piracy in China is still rampant, Berman and others hope that further crackdowns are in the works.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Biz News from Variety

Loading