China Small Biz Spends Big on IT?

Smaller cities push high-speed Internet use as Beijing and Shanghai continue their momentum on the coattails of the Olympics and World Expo

According to a recent study by New York-based AMI-Partners, small and midsize businesses (SMBs) in China are slated to spend US$46 billion on new IT infrastructure, excluding telecoms, by 2010. This is up from US$21 billion in 2005, representing a compound annual growth rate of 14 percent between 2005 and 2010.

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