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Edition: U.S. Article Comments (0) Global Technology Summit Mobile hacking sets off security gold rush Apple plans smaller SIM card Rovio aims for IPO in two to three years Gameloft bets on smartphone shift Symantec looking to buy LG Display, Samsung see depressed LCD market turning Corning cites Verizon for fiber optic boom ARM upbeat on pricing, Intel threat SK Telecom eyes $1.8 billion in LTE investments Video: AOL CEO sees growth in 2012, possible paid content Follow Reuters Facebook Twitter RSS YouTube Read "Sperminator" Schwarzenegger scorned over love child 11:00am EDT Strauss-Kahn case raises issue of diplomat abuse in U.S. 12:49pm EDT Equine herpes outbreak hits Western U.S. states 10:29am EDT U.S. claims "definitive victory" in Airbus subsidy case 2:16pm EDT U.S. slaps sanctions on Syrian president, top aides 1:04pm EDT Discussed 100 Texas county official says ”stupid” feds sparked fire 79 Israel-Palestinian violence erupts on three borders 64 Boehner says ready to cut budget deal today Watched Fire ants form rafts to defy floods Tue, Apr 26 2011 Boot camp for rebels in Libya Sun, May 15 2011 Making a case against Strauss-Kahn Tue, May 17 2011 China piracy cost U.S. firms $48 billion in 2009: report Tweet Share this BIG SKY, Montana (Reuters) - Chinese piracy and counterfeiting of U.S. software and a wide range of other intellectual property cost American businesses an estimated $48 billion in 2009, the U.S. International Trade Commission said in a report... Email Print Related News Senators slam Big Oil on tax breaks, huge profits Thu, May 12 2011 China eases trade rules, allows U.S. fund sales Tue, May 10 2011 China trade surplus surges, fuel for yuan critics in U.S. talks Tue, May 10 2011 U.S. and China spar on rights Mon, May 9 2011 Hiring by companies hits 5-year high in April Fri, May 6 2011 Analysis & Opinion Please don’t kill our product safety, consumer groups say Just how beatable is Obama? Related Topics Technology » Music » Customers use computers at an internet cafe in Hefei, Anhui province, January 25, 2010. Credit: Reuters/Stringer BIG SKY, Montana | Wed May 18, 2011 4:04pm EDT BIG SKY, Montana (Reuters) - Chinese piracy and counterfeiting of U.S. software and a wide range of other intellectual property cost American businesses an estimated $48 billion in 2009, the U.S. International Trade Commission said in a report released on Wednesday. It also concluded 2.1 million jobs could be created in the United States if China complied with its current international obligations to protect and enforce intellectual property rights. The most direct jobs impact would come in high-tech and other innovative industries. The report, requested last year by top Democrats and Republicans on the Senate Finance Committee, gives the Obama administration additional ammunition to press Beijing for better protections. More than $26 billion of the losses came from the information and service sector and more than $18 billion came from the high-tech and heavy manufacturing sector in addition to billions more from other sectors, the report said. "China's unfair practices cost the U.S. billions of dollars and millions of jobs," Senate Finance Committee Chairman Max Baucus said in a statement as top U.S., Chinese and other Asia Pacific trade officials gathered in his home state of Montana for an annual meeting. "Time and time again, China has failed to protect and enforce American intellectual property rights, and it continues to discriminate unfairly against American businesses. We cannot pretend that there aren't real consequences to these violations when these numbers show that millions of American jobs are on the line," Baucus said. (Reporting by Doug Palmer; editing by Sandra Maler) Technology Music Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. 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