U.S. enforcer announces strategy in Beijing speech
BEIJING — In a speech in Beijing on Wednesday, Washington’s antipiracy enforcer, Chris Israel, pledged to make China the focus of U.S. efforts to combat all types of counterfeiting, whether it be Hollywood movies or designer goods.
“The strategy is to focus on places where the problems are most pronounced,” said Israel, a former public policy exec at Time Warner appointed in July as President Bush’s coordinator for international intellectual property enforcement.
“Addressing that seriousness means results, it means seeing tangible things, it means seeing coordination,” he said.
During a visit to Washington this week, Chinese President Hu Jintao promised Bush he would take steps to prevent intellectual property piracy.
Around 70% of counterfeit products that enter the U.S. hail from China, costing around $250 billion in lost sales annually.