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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (23969)	2/20/2005 12:23:52 AM
From: arun gera	Respond to of 116555

Yiwu: India Daily is not a credible indian news source! -Arun

To: RealMuLan who wrote (23969)	2/20/2005 12:24:14 AM
From: arun gera	Respond to of 116555

Yiwu: India Daily is not a credible indian news source! -Arun

To: RealMuLan who wrote (23969)	2/20/2005 12:37:03 AM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

Research and Markets: China Driving Global Electronics Growth February 18, 2005 05:40 AM US Eastern Timezone DUBLIN, Ireland--(BUSINESS WIRE)--Feb. 18, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c13109) has announced the addition of Yearbook of World Electronics Data 2004/2005 - Volume 3 (Emerging Countries & World Summary) to their offering With a burgeoning domestic market, combined with the influx of overseas companies establishing low-cost volume manufacturing bases in the country, the Chinese electronics industry continues to show explosive growth. More importantly its influence on developments globally is growing. - In 2003 Chinese electronics production amounted to US$147 billion, the country ranked third behind the USA (US$286 billion) and Japan (US$170 billion). - The country accounted for 11.1% of global electronics production in 2003. This compares to only 2.3% in 1993. (Chinese electronics production in 1993 amounted to US$17.7 billion. In comparison, US output was estimated at US$221 billion.) - In terms of market size, China at US$138 billion surpassed Japan to become the worlds second largest market in 2003. It still trials the US where the electronics market was valued at US$362 billion. By 2007 the Chinese electronics market is projected to reach US$215 billion, and account for 16% of the global market. - The average annual growth rate for the Chinese electronics market in the period thru 2007 is forecast to be 13% per annum and compares to 4% for the US in the same period. home.businesswire.com