How the IT/Internet Revolution Changes the Chinese Society
Prof. Dr. Helmut Merkel
EurAsia Global Concept, Manager & Shareholder, Peking, China
The Internet boosts China into a society revolution. More then 300 million DSL users utilize a fast growing, tremendous IT and communication infrastructure in the country. Online payment systems allow customers to use e-commerce platforms like TaoBao. E-commerce will have a market volume of about 35bn Euro in 2010 already. 180 million creditcards allow convenient shopping. UnionPay has the Computing power to clear these transactions.
But an unexpected development took also place: Platforms like sohu.com or sina.com became the most important spontaneous "uncensored news" channel tools to exchange news and form opinion. Within the last few years the Chinese Netizens gained so much power, they can influence politics more and more - and even object their decisions (green dam f.e.). And the politicans start to recognize the strong will of the people. A real revolution - based on the Internet and strong computing power.