A new Internet portal, from Atlanta-based Asia Broadband Inc. is delivering online English classes for Chinese people living in Shanghai. This portal is partnered with Fudan University and China Telecom. China Tech News reports that over 1.2 billion dollars were spent in China to teach English.
Read MoreSohu.com has acquired website 17173.com and focus.cn for US$20.50 million and US$16 million. 17173.com is China’s biggest online game portal with over 4.3 million registered users. Focus.cn is also one of the largest real estate sites which accounts for 10% of the advertising market. Further details at chinadaily.com.
Read More10 new licenses have been issued by the ministry of culture to operate internet cafes. China is now re-opening some of the cafes for business following the terrible fire in Beijing that claimed the lives of 25 students. The article reports that IBM is also looking into the internet cafe market in China.
Read MoreA commentary by Hawaii State Representative Marilyn Lee provides a summary of some of the economic growth of China and how it will impact the tourism economy of Hawaii. She further writes that America can help with the development of China in its “expertise in social and human services and labor management.”
Read MoreAs previous post on China’s new video compression format, is now coming true with China’s EVD technology. Yahoo! News reports that China’s enhanced versatile disc players will be coming out for this holiday shopping season. The expected price will be around 2,000 yuan whereas a locally produced DVD player is about 700 yuan.
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