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  Microsoft Touts XP in China, Held Back by Pirates
Time: 09:56 EST/14:56 GMT | News Source: Reuters | Posted By: Byron Hinson

The world's top software firm has seen few "concrete results" in an anti-piracy campaign in the world's most heavily pirated market, but pre-conditions for improvement were falling into place, a Microsoft Corp. executive said on Friday. China has taken steps to root out piracy in recent months, spurred on by a desire to create its own software industry and plans to enter the World Trade Organization later this year, but its piracy rate still undermined Microsoft's growth, the executive said. "We've done very well here, we're growing very fast, but certainly one of the things that is holding our growth back and the rest of the software industry is the intellectual property situation," Microsoft Asia President Michael Rawding told Reuters.

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