Between China’s protective government regulations,
expanding access to the Web, and above-average economic growth, Chinese
Internet firms are blossoming. These favorable conditions may help Chinese
Internet companies to generate double-digit earnings growth over the next five
years, according to Turner Investments.
The government policies serve to insulate domestic
Internet companies from the forces of international competition” and deter
foreign companies.
Six Chinese Internet companies are particularly
well-positioned to benefit from growing Internet usage in China: Baidu.com, a
search engine; E-commerce China Dangdang, an e-commerce company; NetQin Mobile,
a Web-security company; and Renren, Sina, and Youku.com, social-networking
firms.
By Telecomlead.com Team
editor@telecomlead.com
