In 2011, the music industry in China generated $82.8 million compared to $68.9 million in Thailand, a much smaller market.

Piracy in China remains rampant. In 2011, the music industry in China generated $82.8 million compared to $68.9 million in Thailand, a much smaller market. Even though China signed on to the TRIPS (Trade-Related Aspects of Intellectual Property Rights) agreement, it helps its domestic firms and hurts foreign firms by turning a blind eye to intellectual property theft, even within its own government agencies. The U.S. International Trade Commission estimates that-in 2009 alone-Chinese theft of U.S. intellectual property cost almost one million U.S. jobs and caused $48 billion in U.S. economic losses.