China Growth Stocks

[Rames]

China 3G spending

China wireless infrastructure equipment spending peaks in 2009, says iSuppli

Interesting article on Digitimes today:

"After a strong increase in purchases of wireless communications gear in China in 2009, 2010 will bring a 2.4% decline to US$6.1 billion as China Telecom completes purchasing for its massive rollout of 3G handset base station transceivers," said Will Kong, analyst for China Research at iSuppli. "Revenues will continue to decline in the following years as the carriers move beyond the initial deployment stage of their 3G services."

Good read: http://www.digitimes.com/news/a20091120PR207.html