On May 22, the Commission on the Theft of American Intellectual Property (The IP Commission) released its report

China is first mentioned on page iii of this report:

"Leading an effort that attempts to define and prescribe a focus as complex
as IP protection is truly daunting. Given the subject of this report, it
comes as no surprise that the People's Republic of China figures prominently
throughout."

The three purposes of the Commission are to:
1. Document and assess the causes, scale, and other major dimensions of
international intellectual property theft as they affect the United States
2. Document and assess the role of China in international intellectual
property theft
3. Propose appropriate U.S. policy responses that would mitigate ongoing and
future damage and obtain greater enforcement of intellectual property rights
by China and other infringers

The scale of international theft of American intellectual property (IP) is
unprecedented-hundreds of billions of dollars per year, on the order of the
size of U.S. exports to Asia. The effects of this theft are twofold. The
first is the tremendous loss of revenue and reward for those who made the
inventions or who have purchased licenses to provide goods and services
based on them, as well as of the jobs associated with those losses. American
companies of all sizes are victimized. The second and even more pernicious
effect is that illegal theft of intellectual property is undermining both
the means and the incentive for entrepreneurs to innovate, which will slow
the development of new inventions and industries that can further expand the
world economy and continue to raise the prosperity and quality of life for
everyone.

For a variety of historical reasons, however, as well as because of economic
and commercial practices and official policies aimed to favor Chinese
entities and spur economic growth and technological advancement, China is
the world's largest source of IP theft. The evidence presented here is a
compilation of the best governmental and private studies undertaken to date,
interviews, individual cases, assessments of the impact of IP theft on the
American economy, and examinations of PRC policies.

SO WHY DO WE CONTINUE TO DO BUSINESS WITH THEM? PUNISH THEM ECONOMICALLY
AND MAYBE THEY WILL CEASE THESE DESTRUCTIVE PRACTICES.

Read more: http://www.ipcommission.org/