Word: cds
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...Piracy: Fake CDs in China...
...Piracy: Fake CDs in China...
...Piracy: Fake CDs in China...
...Mingwu is knee-deep in Nirvana. He is buried in Bjork, awash in Aerosmith and mired in Moby. Li (not his real name) supplies cut-rate music CDs to storefront retailers in his home city of Guangzhou in southern China and is on one of his periodic buying trips to Shantou, a port city in Guangdong province. Here, inside a cluster of brick warehouses at the end of a dirt lane, hundreds of thousands of discs by foreign artists, both major and minor, are piled in cardboard boxes and wicker baskets stacked several meters high. Li wades through...
...record labels have complained for years about the damage that CD pirates do to their business in China. By some estimates, more than 90% of the CDs sold on the mainland are illegal copies. Intellec-tual-property theft is just part of a global music-piracy problem that combined with rampant tune trafficking over the Internet is cramping sales. After a drop in 2001 of 5% in terms of value and 6.5% in units, global music sales plunged a further 9.2% and 11.2% respectively in the first half...