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Technology Stocks : China.com Corp-(CHINA) -- Ignore unavailable to you. Want to Upgrade?

To: Defiant who wrote (313)	7/16/1999 9:03:00 AM
From: Mohan Marette	Respond to of 504

BDA, Strategis Forecast 33M Chinese Users By 2003 By Hans Lombardo Managing Editor, asia.internet [June 15, 1999--HONG KONG] BDA (China) Limited and the Strategies Group have published a new study on China's Internet market that projects China's online user total will reach 12 million by 2000 and 33 million by 2003. 'The Internet in China' study was compiled over a six month period and includes organizational profiles based on interviews with regulatory players, equipment vendors, Internet service providers (ISPs), Internet content providers (ICPs), software players and e-commerce shops in China. "'The Internet in China' is an essential business tool for companies seeking to size up or enter the China Internet market," said Duncan Clark, partner at BDA China. "Each new user that comes online creates new opportunities for Internet-related business, enabling companies to leverage technology, service or capital in one of the world's most exciting Internet markets," added Clark. Currently, foreign vendors dominate China's Internet infrastructure market which BDA forecasts to exceed US$160 million in 1999. "While domestic players gear up for this market, foreign vendors are likely to accelerate plans for local manufacturing to preserve their lead," said Alexandra Rehak, another BDA analyst. With regard to China's ISP market, BDA's study indicates that only providers with access to the "fattest pipes" (largest bandwidth), typically those funded or owned by China Telecom, have come out on top. Nevertheless, the China Internet report projects that the country's ISP market will exceed US$4 billion by 2003. BDA's study also provides an analysis of the Internet content market in China which it profiles the strong portal competition and predicts the market to grow to US$12 million in 1999. According to BDA, a critical success factor for China's ICPs will be financing from foreign private and capital interests and the movement towards IPOs in overseas stock markets.