| WASHINGTON - China on Wednesday promised the United States that it would crack down on pirated software as the world's two largest economies looked to ease trade frictions amid political changes.
US and Chinese officials pointed to small signs of progress during annual trade talks, the nations' first high-level meeting since President Barack Obama's re-election and China's once-in-a-decade leadership transition.
Chinese officials said that the central and provincial governments along with major financial institutions would speed up work next year on ensuring they use only legal software, addressing a concern for a US industry which says that piracy costs it billions of dollars a year. Read More .. |