China Leads in Internet Users, and the US Dollar is Down
Tuesday, July 01, 2008
Raya Wasser of TopTrans
just forwarded me a link to a New York Times article
reporting that China has now passed the US in terms the number of its citizens who are online.
This is a particularly interesting development when considered in conjunction with what's going on in the US economy --- a weak dollar contributed to an 11% rise in US exports
in the second quarter of 2008.
What does this mean to US firms? Well, there are now more potential customers online in China, and goods made in the US are suddenly more affordable. This is a great time for firms that have not considered exporting through e-commerce
to do so (especially considering that the US government is willing to help
), and a great time for those whose Web sites are in English only to consider translating their sites as well.
Posted by: Mark Reichard at 12:00 AM