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November 09, 2004
China Tech: First Look
CTN are the first initials I know. The first is for ChinaTechNews and the second for ChinaTravelNow. These two seem to be fairly decent sites that I'll be scoping out.
On Kudlow & Cramer the other day, they had a cat on who was a securities analyst who said the big stock play is of a company that sounded like 'Outlook'. Cramer was saying that it might be the next 'Shanda'. So I checked out what Shanda was, and it turned out to be the number one gaming developer over there. Fascinating. That's going to be part of my task when I get there.
Following Shanda takes one to a number of interesting places. The first place I found was here at Pacific Epoch. I expect that to be a regular site for news in the sector. Speaking of which, DigitalChina is also one of the 800 pound gorillas to be paid mind.
Now I need to figure out what decoupling the Yuan means.
Posted by mbowen at November 9, 2004 09:55 AM
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Comments
The Chinese has pegged the Yuan to the dollar. The Bush Administration wants the Yuan to be unlinked. If the value of the Yuan would rise, those "Made in China" items at Walmart would rise and our "Made in U.S.A." items would be more price-competitive.
Posted by: EG at November 9, 2004 11:49 AM
Shanda is not the number one gaming company here in China--far from it. However they have good PR and it seems to be the only Chinese game company promoting itself to foreigners.
Infogrames and Japanese studios still rule in China.
Posted by: Anonymous at November 23, 2004 05:52 PM