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closed IDN: .cn (dog)
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Dot com equivalent Bird.com went for $200,000 dollars. I know your to be the correct translations as I have dot nets for bird and dog.
Medium Term, 鸟.cn (bird) must be worth $10,000 dollars perhaps more. Others similar I guess.
Best Regards
Dave Wrixon
Medium Term, 鸟.cn (bird) must be worth $10,000 dollars perhaps more. Others similar I guess.
Best Regards
Dave Wrixon
Can't use western standards to value domains in China. To give an example, Chinese search engine Baidu has almost half the traffic of Google, but earns less than $40 million a year, whereas Google's revenue is like $5 billion, 100 times more. Also, the words dog and bird are derogatory in Chinese.
Another thing to consider is income, $10,000 might be 1 mth's pay for a senior engineer in Europe??? Just a guess. But almost 2-years' average pay for a senior engineer living in average Chinese city, 10-years' pay for a janitor.
Another thing to consider is income, $10,000 might be 1 mth's pay for a senior engineer in Europe??? Just a guess. But almost 2-years' average pay for a senior engineer living in average Chinese city, 10-years' pay for a janitor.
Yep, agreed. It's a numbers game to me too. If 1% of the chinese population have the means and inclination to buy products online, that's still 12mm people... now let's talk crazy and say 5% of the population do that a few years down the road -- that's 60mm.
Keep in mind that GDP is growing at around 9% (apres economic 'cooling measures') -- after about 7 years, per capita income will have doubled.
I've tried to find data on top income brackets in china, but so far no luck.
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vtrader said:
Things are moving very quickly, there are already more broadband connections in China than the US. Online commerce and advertising has only really taken off in the West in the last couple of years. Ebay has publicly stated that the battle for the Chinese Market is critical for its very survival. What the hell do think they will be selling? Coupons for bowls of cooked rice!
The economy is probably really growing at nearly 20% a year. That is because the currency is pegged and according to the US significantly undervalued. If you double the value of the Yuan against the dollar, then the size of China's economy doubles in dollar terms. Realistically, that needs to happen a couple of time in quick succession and probably every two to three years after that for while, and the US still won't be able to compete!
The US needs to wake up and smell the Coffee otherwise it will be playing catch up within 10 years!
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Dave Wrixon
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http://www.arraydev.com/commerce/JIBC/2005-08/china.htm
Ecommerce in China for 2005 is expected to reach 620 Billion Yuan.
No problem monetizing traffic at Sedo.cn if the browser clicks on your adverts. Something weird, however, is happening to the traffic at the moment which means it is not coming from China as it should do, but a surge of traffic earlier in the month has proved conclusively that it does exist. The other problem is a lack of Google Adwords in China at the moment, but I have faith that Google will soon crack that little problem.
Best Regards
Dave Wrixon
Thought you would be interested in this:
Grammatically speaking English and Chinese are very different languages. There is no rule that verbs, nouns, and adjectives must agree with one another in Chinese writing. There is no such thing as singular or plural in the Chinese language. Often a number or word will be added to the sentence to account for plurality. There are no verb tenses in the Chinese writing. Additional words are used to clarify the past and future tenses.
http://ethnomed.org/ethnomed/cultures/chinese/chin_lang.html
I think that means Chinese Domains will be significantly more valuable as there are going to be a lot fewer work arounds.
Best Regards
Dave Wrixon
Ecommerce in China for 2005 is expected to reach 620 Billion Yuan.
No problem monetizing traffic at Sedo.cn if the browser clicks on your adverts. Something weird, however, is happening to the traffic at the moment which means it is not coming from China as it should do, but a surge of traffic earlier in the month has proved conclusively that it does exist. The other problem is a lack of Google Adwords in China at the moment, but I have faith that Google will soon crack that little problem.
Best Regards
Dave Wrixon
vtrader said:
Thought you would be interested in this:
Grammatically speaking English and Chinese are very different languages. There is no rule that verbs, nouns, and adjectives must agree with one another in Chinese writing. There is no such thing as singular or plural in the Chinese language. Often a number or word will be added to the sentence to account for plurality. There are no verb tenses in the Chinese writing. Additional words are used to clarify the past and future tenses.
http://ethnomed.org/ethnomed/cultures/chinese/chin_lang.html
I think that means Chinese Domains will be significantly more valuable as there are going to be a lot fewer work arounds.
Best Regards
Dave Wrixon
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