Global X NASDAQ China Technology ETF
Strategy Analytics, 2011: In Q3 of 2011, China passed the U.S. as the largest market for smartphones in the world, with shipments just under 24 million units – a 58% increase from the previous quarter.
State Information Office of the Internet, 2011: China now has more than 500 million internet users, representing an internet penetration rate just under 40% - significantly lower than the U.S. penetration rate of nearly 80% and demonstrating the potential for future user growth.
Wall Street Journal, 2011: China's online advertising market grew by nearly 60% in 2010, reaching $5 billion in revenue and spurring investment in the sector.
IHS iSuppli, 2011: Spending on broadband infrastructure equipment is expected to reach $1.15 billion in 2014, up from $925 million in 2011 and $688 million in 2010.
Reuters, 2010: China's online game market is expected to reach more than 60 million users by 2013, up from 15.5 million in 2009.
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