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To: kemble s. matter who wrote (74456)10/26/1998 12:53:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
Take this to the bank. Just in from China

Hiya Kemble:
Say you know anybody who sells stuff on the internet in China.Yahoooooooooooo.

============================
Source:IDC/Fot

China Set To Soon Take Asian Internet Lead - IDC

10.01 a.m. ET (1501 GMT) October 26, 1998

SINGAPORE — China will have more Internet surfers than any other country in Asia outside Japan by the year 2001, market research firm International Data Corporation (IDC) said Monday.

It said a recent IDC study showed China would pass Australia in 2001 as Asia's top Internet user and by the end of the following year it would have about 9.4 million Internet users, up from a mere 1.4 million in 1997.

"With China's large market, Internet user growth was inevitable. The surprise in this study was how fast China's adoption of the Internet has been,'' it quoted senior IDC Internet analyst Pete Hitchen as saying.


"This increase is being driven by vendors pushing Internet access devices into the China market,'' he said. "In addition, we have seen an increase in local language content for China's web sites which makes the Internet more attractive to both business users and consumers.''

IDC said that by the end of 2002, Australia was expected to have 5.8 million users, up from just more than three million now and be the biggest generator of electronic commerce.

It said Australia was expected to generate US$4.97 billion in e-commerce revenue by the end of 2002, ahead of South Korea's $2 billion and China's $1.87 billion.


"The countries with higher per capita income in Asia are higher spenders on the Internet,'' Hitchen said. "In the case of China, who will have the largest Internet user population, its comparatively low per capita income levels slow the growth of e-commerce spending.''

IDC said South Korea would be the third-biggest Internet user by the end of 2002 with about four million people logging on, up from less than two million now. Taiwan would be next with around three million, compared to just less than one million now.

The rest of Asia put together would have around two million,