Tuesday, March 18, 2008

China surpass US in web dominance

Beijing - No.1 again. I did an article once about China being No.1 and now the news that China has become the world's largest Internet market. The first nation to unseat the United States in worldwide Web domination.

China has 220 million internet users at the end of 2007 verus US, 217 million. All this means that e-commerce will soon take off in China with its huge Web population serving a potential customer base. China is already the world's largest factory. Besides exporting to the world, China will also be buying goods and services from the world.

An additional note is that 23 per cent of China Internet users access the Web from mobile devices. The nation is leapfrogging in technological advancement, consolidating its position as a superpower in more ways than one.

Ref: ST Mar 18, 2008

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