Wednesday, May 18, 2005

China has 98.8 million Internet users - ready for the invasion of the US majors.

China is a large country. So even a small percentage of web users produces a big number - 98.8 million users according to an official in the Ministry of Information. Not surprising then that the leading US web-based businesses are falling over themselves to get into the Chinese market.

Just yesterday, Amazon announced its plans to expand in China having bought back in September. At the end of last week MSN announced a joint venture with the Shanghai Alliance Investment Ltd, Ebay declared its interest and this followed Google's approval to open an office in Shanghai.

We should all be looking to China it seems....

People's Daily Online -- China has 98.8 million Internet users