China's Internet population keeps growing, market attracts investment

China's Internet population keeps growing and growing and growing. I recently wrote that the number of Internet users in China hit 100 million in 2004. Now, the country puts another 34% on top of that.

This is happening despite crackdowns on Cybercafes, online gambling activities and pornsites and shows that there is more to the web than simple smug - although online gaming (not gambling) exploded by 61.1 percent year-on-year to 24 million.

This is an attractive field for companies and more and more realise this.

Is it thus a wonder that Monster.com bought a 40 per cent stake in its Chinese counterpart ChinaHR.com, following other giants such as Google, Amazon and IAC/Travel in 2004?

(By Asia Business Consulting)