Chinese IP theft stats are doctored
Richard Vigilante, 2024 – Vice President and Editorial Director at Gilder Publishing “The Mirage of China's I.P. Theft” Reason Magazine, July, https://reason.com/2024/06/02/the-mirage-of-chinas-i-p-theft //DH
Even with all of this guesswork at play in the OECD reports, the 2011 USITC report makes them look like high scholarship. Focusing on I.P.-intensive U.S. firms operating in China in 2009, the report claims these firms "reported losses of approximately $48.2 billion in sales, royalties, or license fees" due to I.P. infringement. Yet a closer look reveals the range of estimated losses, stretching from $14.2 billion to $90.5 billion, was based not on direct reports from companies but on third-party guesstimates from industry associations. Essentially, these firms were parroting back guesses fed to them by industry groups with a vested interest in painting the grimmest picture possible to grab government attention. The claim that the oft-cited USITC report was based on accounts by victim companies is a fraud.