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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (3241)	5/24/2004 1:22:49 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

China Cell-Phone Subscriptions Exceed U.S. Population (Update3) May 24 (Bloomberg) -- China, the world's largest mobile- phone market by users, said subscriptions rose to 296 million in April, exceeding the U.S. population for the first time, as China Mobile (H.K.) Ltd. and China Unicom Ltd. boosted sales. The nation added 5.4 million accounts in April, bringing new accounts this year to 27 million, the Ministry of Information Industry said. At this rate, the number of Chinese who own cell phones may rise by half in less than two years, said CLSA Ltd. analyst Francis Cheung. ``There is still a lot of room there,'' Cheung said. ``It's a huge country.'' quote.bloomberg.com