Crime And The Black Market In Modern Day China

With a population of approximately 1,203,097,268 people , China, who has
the world's largest population, also has the world's fastest growing black
market and crime problem. In China, crime rates have been climbing an estimated
10 percent a year since the early 1980s . China is a country that is currently
experiencing both political and economic instability. Economic reforms that
have been put in place by the government have only widened the income gap,
creating a middle class with money and a lower class of newly poor. With an
ever increasing size in this gap of income distribution and the relative ease of
making money through black market sales, it is no wonder more and more ...

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the pirates of old who
plundered the merchant vessels and ports of the South China Sea, modern day
pirates are more interested in illegal replication of intellectual rights. From
music compact discs to computer software to films to best selling novels, The
Chinese black market is a virtual warehouse of "plundered goods". It is
estimated that there are at least thirty illegal high tech factories in China
that can churn out over 20,000 optical discs a day. America's Microsoft
estimates that 98 out of every 100 of its software programs being used in China
are illegal copies . Because of these statistics, and because this only amounts
to a small amount of the estimated piracy which occurs in China, program
manufacturers, worldwide, are lobbying the Chinese government to impose stricter
standards and greater restrictions upon the distribution and sale of illegal
intellectual rights. In July of 1996, investigators from Microsoft led Chinese
officials to a plant near Guilin in ...

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trying to rectify the situation, and the punitive
tariffs never went through. The United States currently has a 34 billion dollar
balance-of-trade deficit with China. If 2 billion dollars of illegally pirated
U.S. goods are included in this amount, it counts for a lot. Even though the
Chinese government states that they are trying to prevent this piracy, they
still have restrictions in place that only encourage it. For example, China
permits only 10 new foreign movies to be distributed within its borders each
year. Although China says this is to protect its domestic film industry,
American film makers estimate that they lose $150 million a year due to piracy
of films that would be ...

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Crime And The Black Market In Modern Day China. (2007, September 13). Retrieved January 22, 2019, from
"Crime And The Black Market In Modern Day China.", 13 Sep. 2007. Web. 22 Jan. 2019. <>
"Crime And The Black Market In Modern Day China." September 13, 2007. Accessed January 22, 2019.
"Crime And The Black Market In Modern Day China." September 13, 2007. Accessed January 22, 2019.
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Added: 9/13/2007 10:12:32 AM
Category: Economics
Type: Free Paper
Words: 1918
Pages: 7

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