China, e-commerce (CNN)
China prepares for e-commerce boom:
SHANGHAI, China (CNN) -- Just like the U.S. tech boom of the 90s, China's Net entrepreneurs are young, smart and riding the crest of a wave.
“But it is early days -- Net users are warming up to the idea of online payment. And besides, most of them are students. When they mature, their online buying power will skyrocket.
And when it takes off, e-commerce will have a distinctly Chinese feel. Mobile technology will play a huge role. There are three times as many mobile users as Internet users in China.”
http://www.cnn.com/2005/TECH/11/01/spark.china.payment/index.html
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