|08-28-2006, 08:42 AM||#1|
Join Date: Oct 2002
Device: Too many to count here.
HarperCollins pushes book piracy in China aside
The WSJ has a quick write up of how New York-based HarperCollins is exploring new business opportunities for selling books in China. Despite rampant piracy and lack of stricter regulation - you can buy pirated copies for 20 Chinese Yuan (that's around USD $2.40) down the bustling street, with print quality that can be mistaken for the real thing - the publisher giant has a certain interest to invest in the potentially huge Chinese market. While China's legitimate book sector is not get-rich-quick industry, a long-term approach may prove fruitful as China becomes a full participant in the international economy.
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