China Approves 10,000+ Tech Import Contract
Submitted by Bill Belew on Wednesday, 10 January 2007No Comment
China approved 10,538 technology import contracts in 2006.
The total contract value was $22.02 billion…15.6% more than 2005.
European Union was the largest source of tech imports – 2,597 contracts worth $8.66 billion.
Japan was second with $5.24 billion in contracts.
The U.S. was third with 4.23 billion in contracts.
Most contracts went to electronics, communications equipment manufacturing and railway transportation.
I don't suppose it mattered to Europe, Japan or the U.S….as long as the contracts kept coming.
What do you think?
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