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By ANDREW SIEGFRIED
China is the second largest automobile market in the world and now the world's third largest automobile producer, behind the US and Japan. Automakers produced 8.88 million motor vehicles last year, up 22.02% from a year earlier, including 6.38 million passenger vehicles and 2.5 million commercial vehicles.And more impressively, China has surpassed Japan ...

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By AMY CHEUNG
With ongoing delays over the issuing of third generation mobile network licenses, China’s telecoms sector is a hotbed of restructuring rumors and uncertainty. The Market Journal casts an eye over some of the rumors, and rules out two of the three major myths

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3G is an International Telecommunications Union specification for the third generation mobile communications technology. Analysys International has released a report on July 17, estimating China's first round of investment on 3G equipments will reach USD 1.25 billion to 2.5 billion. The coming of 3G will bring strong impact on the overall telecom market in China, from manufacturers to telecom operators. Every link of this industry chain will benefit from this market, including main equipments manufacturers, fiber and cable manufacturers, terminal manufacturers, system integrators and other vendors of auxiliary lines. Motorola, Samsung, Nokia and other digital giants have unleashed research and development centres as well as retailing outlets to prepare for the first 3G license in 2006.

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