Rep. Chris Smith, Ranking Member of the Congressional-Executive Commission on China, offered testimony at a commission hearing today that focused on Chinese products that infringe on U.S. intellectual property.

    "Mr. Chairman, the Global Intellectual Property Center estimates annual U.S. losses caused by intellectual property infringement of almost $125 billion in the automotive, recording, pharmaceutical, and software industry industries alone, and we know that the Chinese government is the cause of most of the problem. China tolerates—in some cases, probably, encourages—widespread infringement of American intellectual property rights, and then exports US-property rights infringing products right back to us." Click here to read Congressman Smith's hearing statement.