China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (2727)	3/8/2004 8:01:24 PM
From: RealMuLan	Read Replies (1) of 6370

China leading the world in mobile growth Florence Chong March 9, 2004 ABOUT 300 million Chinese now subscribe to mobile services in China, the largest number of subscribers in the world. According to a report on China's four largest telecommunications companies by international rating agency Moody's Investors Service, the number of subscribers grew by 80 million last year, on top of 60 million in 2002. "Growth in the telecom sector has outstripped that of the nation's GDP," the report says. China's GDP growth in the past decade has averaged 8 per cent annually and Moody's expects mobile telecoms growth to continue at or above the level of GDP for the next three to five years. The sector has gone through several stages as China Telecom has evolved into three companies and new entrant China Unicom has established itself as a long-term participant. news.com.au

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