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China internet industry predicted to surpass Japan in 10 years

An analyst at Morgan Stanley predicted China’s internet industry will surpass Japan with 10 years, an article at Yahoo! News reported today.

“The $15.1 billion equity value of China’s commercialized Internet, which includes 13 portals, online game services and auction houses, lags the approximately $40 billion equity value of the same market in Japan, said Mary Meeker, global Internet analyst with Morgan Stanley.”

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