Internet technology boost china in next 10 years
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Title: Internet technology boost china in next 10 years

Essay Details:

Subject: Business
Author: Anthony D
Date: September 5, 2014
Level: University
Grade: A
Length: 11 / 3293

Essay text:

More than $1 billion in foreign direct investment arrives each week. By 2008 China will be the world?¦s third largest exporter, and by the decade?¦s end its economy will be larger than that of either France or United Kingdom (Emmanuel, et al., 2004). China?¦s GDP in 2004 growth by 9.5 percent to ?G851,072 million and IT(information technology)?¦s contributions account for 25 percent. It is predicted that the IT market will growth by 15.8 percent every year to 2009. Economists are curious to know how long will China?¦s strong economy be. When the advantage of low labor costs in China will subside in the future, what will support its fast growing economy? According to China Internet Network Information Center (CNNIC)?¦s 2005 report, 94 million internet user and half of them are using broadband connection...

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