China not all it cracked up to be?

[Rubber Duck]

OK! Lets debate this issue.

http://abcnews.go.com/Technology/wireStory?id=2177679&CMP=OTC-RSSFeeds0312

ABC quoting Bill Gates:

<<<The new Vista operating system will have speech and visual recognition tools and be backed by strong security measures, he said. It would move away from reliance on easy-to-crack passwords to greater reliance on visual identification and software shields on Internet attacks.

He said the new Office would include the biggest set of innovations in more than a decade, citing its ability to work on documents simultaneously over the Internet.

The biggest market for these products soon will be China, Gates said. He said China was already the world's No. 1 mobile phone market and he expected it to be the world's top PC, broadband and software market within a few years.

"Everybody needs to be in China," he said. "Even if only 20 percent of the population is IT-active," he said, this is a huge number given the country's 1.3 billion population.>>>

 

[abdussamad]

wrong there are a bunch of natives living in China, Japan, Israel, and Russia on our forums buying and selling their names as well. Have you ever thought of the possibility of someone in Russia asking for a translation of something in Japanese? So asking for a translation now makes you a westerner? Nice study you have there.......

Yes but I feel that the majority are westerners. That is what I perceive . At the very least most IDN domain resellers are non-native speakers. I am curious though about what you mean by a study?

 

[DNWizardX9]

Most of the big portfolio holders are westerners (but have the native toungue) or live in their native country. These people speak more than one language fluently.


GIANT - China
touchring - China (maybe japan)
bigtm - china
Edwin - Japan
Olney - Japan

etc etc

 

[fierne]

I've got a question , Besides Microsoft and a few other large Corporations .... Who is buying Chinese based ads ? I'm assuming the majority of these IDN Domains are being parked for speculation - Correct ?

With China being FAR from a free market - I just don't see enough interest to sustain a large amount of PPC in the long run yet. Getting large amounts of traffic is fine - But monetizing with ads about things other than Internet service etc ... will be hard IMO.

What type ads are being shown currently in the Natural language of the domains you guys have ?

search market in China by CNNIC 2006.9
baidu(native) 62.1%
google 25.3%
yahoo <8%

 

[touchring]

Nope jeffm2. I'm not failing to grasp anything.

It's just that the "billion people" thing has been exploited and exaggerated, when in fact only a very small percentage of those people are on the Internet.

That was my point.

A couple people have decided to twist it into something else.

So be it. You guys need to SERIOUSLY lighten up.

Hmm, yes, the buying power has been exaggerated as income is still very low in terms of the dollar, at least as for now, but 10 years in the future?

We must not underestimate the progress China can make in just 10 years. :o

This was Shanghai, Xujiahui district, 20 years ago - mid 1980s. North korea looks better today, ironically.

This is Shanghai 2003, same district. Today it will look different again.

Photos frmo http://home.wangjianshuo.com

 

[Billidn]

It seems to me that the majority of IDN buyers are westerners. I say this only because most forums such as these are filled with people asking what such and such a term means. Native speakers seem to be in the minority of domain resellers.

Take some time to look through the "whois" of idns and you will see that nationals have majority of ownership for IDNs in most languages, Korean in particular.

 

[VURG]

Western Australia has changed dramatically in the past 5 years due to the fact that China is our biggest exporter of our mining material. Don't underestimate the Chinese community and the influence they have in the domain market. Just because it may look quiet on this forum to some doesn't mean that they aren't active. The language and cultural barriers cause some difficulties in people understanding what they are doing.

Although most of my domain sales are to US customers, I have had some very good business from the non-US customers. I wouldn't be suprised if I end up getting more business from China that the US. I always pay attention to comments made by users like duskdawn as there is insight into cross-culture trading that many of us don't have.

If people want to be able to have good business opportunities with Chinese people, than there needs to be more listening and learning and less judging. There are culture barriers that need to be broken and traditional western business is often too impatient for results.

 

[NP41215]

There are culture barriers that need to be broken and traditional western business is often too impatient for results.

On the other hand, and this is another way of putting it, those in China are a bit too laid back, and certainly not aggressive or go-getting enough, when compared to us here in the West.

 

[touchring]

On the other hand, and this is another way of putting it, those in China are a bit too laid back, and certainly not aggressive or go-getting enough, when compared to us here in the West.

Aggressive as in Iraq war?

 

[abdussamad]

Aggressive as in Iraq war?

Honestly I am grinning from ear to ear. Good post

 

[VURG]

... those in China are a bit too laid back, and certainly not aggressive or go-getting enough, ...

I have no idea how you interpreted this from what I said. Please don't twist my words. I said more listening and learning and less judging.

 

[white_crane]

Most of the talk about IDNs is from people who are forced to use English, because it is our common language.

Of course, a few aggressive guys who's native language is English have tried to get in on the market. As you would expect them. In the long run, however, most these guys will sell out. Few of them have the desire or savvy to deal with people from other cultures and create lasting value on the domain properties they hold.

 

[idealia 2006]

That's a very strange comment, because if a person has trouble putting together simple facts, I would think it would be ALL THE MORE REASON for them to be in school.

Anyhoo.... let's put aside your failed attempt at an insult.

The first line of this thread says "Lets debate this issue." Then it gives some quotes from Bill Gates about China. So I simply asked what exactly are we debating. Because I've never seen anybody deny that China has over a billion people. And I've never seen anybody deny that Microsoft markets some products there.

There was no mention of domains, whether ascii or idn.

So... again I ask, what are we debating, exactly?

I agree wit hthis guy the title was confusing it reads like china isnt a good investment

 

[ekal]

Doesn't this whole long thread basically boil down to the question here:
http://www.namepros.com/domain-name-discussion/242493-economic-growth-rising-domain-values.html

Does economic growth = rising domain values?

The answer is probably unclear. The Asian ccTLD and IDN markets are still too new to make a clear decision one way or the other.

 

[touchring]

Doesn't this whole long thread basically boil down to the question here:
http://www.namepros.com/domain-name-discussion/242493-economic-growth-rising-domain-values.html

Does economic growth = rising domain values?

The answer is probably unclear. The Asian ccTLD and IDN markets are still too new to make a clear decision one way or the other.

For the case of China, yes. For Japan, less likely.

It might be surprising to many English speakers, but there isn't much difference between the chinese mindset and the anglo mindset when it comes to commerce, although the former is still relatively undeveloped as compared to the latter.

 

[owner-lou]

hi

hi mate, sent you a pm
thanks
lou