Piracy in China

When you look at the picture on the left, you would see two i phones in different languages. However, according to the "China's knock-off mobile phones copy, then innovate", the i phone on the right is fake. It is make by a local Chinese Company with no connection wiht the Apple, Inc. This is one of the problems of Piracy in China today that China has lack of innovation in technology. We know that businesses invest millions of dollars in creating new products. However, other businesses would steal their hard working by copying the product and make profits. For the people who invest their time and money in innoation, they would feel depress of their hard working becoem nothing. It is a issue in the global business enviornment that governments should be responsible in producting businesses in piracy. It is becaasue piracy would affect the interest of business in inventing new products. For the consumer, they might benifit from lower price products from piracy, but they are taking the risk of product safety and engouraging businesses in creating new products. It is becasue businesses would feel less interested in product development due to piracy. For the county who has piracy problem, they would face pressure from the global community that would affect international firms' confidence in foregin investment in expanding the market. For instance, below is a video from Japanese news report about fake Disney land in China.