Let’s just get straight into our news for China this week.
1. China Now Has Over 300 Million 3G Subscribers
Yeah that’s a huge jump from 175 million nearly a year ago at Q2 2012. Suffice it to say, mobile in China is on a roll.
2. Spying or No, China is Stuck With American Technology
China simply isn’t getting away from American technology anytime soon when almost all of its computers and mobile devices run American-made operating systems.
3. Zhou Hongyi Wants to Shoot Penguins (i.e. Tencent) Like Neo from The Matrix
Sometimes the news in China just comes off as bizarre and cruel. This time it’s coming from Tencent’s Zhou Hongyi.
4. OFFICIAL: Tencent-backed Ibibo Acquires India’s Redbus (But Rumored $138 Million Price-Tag Not Confirmed)
This may be the first of much more news we’ll see centered around technology companies and startups attacking each other’s markets across the two biggest markets in the world.
5. Digital Music Sales in China Hit $75 Million (No, We Didn’t Miss Any Numbers)
As much as major industries like e-commerce in China are growing, the music industry seems to have seen a slump.
That’s all for this week, folks. For our full spread of China coverage, you can click here or subscribe to our China RSS.
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