Saturday May 23, 2015

China to Spend $182 Billion to Boost Internet by End of 2017

You have to hand it to the Chinese, the government of China will be investing $182 Billion dollars over the next three years to build new Internet infrastructure; a bold move even by the Chinese philosophy of build it bigger and better standard.

The State Council said the government will invest more than 430 billion yuan ($69.3 billion) this year on network construction, with at least another 700 billion yuan ($112.8 billion) spent over the following two years.

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