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China's hi-tech takeoff
HOME > PAST ISSUE > SPECIAL REPORT [Premium content]October 2005
Its hi-tech road is uneven, but with government backing, fresh capital and talent, China is on the fast track to creating a robust IT market
Judging by the recent attention given to Chinese technology companies, it appears that China might be on its way to fulfilling the destiny envisaged by John Chambers, Cisco's CEO, who last year declared that "China will become the information technology center of the world." Chinese tech companies are aiming high, angling for global capital and global markets. The media has been heaping superlatives on Baidu's big NASDAQ debut and Yahoo's US$1 billion investment in online ...
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