Article: TERRA LYCOS WOULD INVEST IN CHINA BY THE END OF YEAR


AsiaInfo Services
11-08-2001
Terra Lycos Would Invest in China by the End of Year

CHINA, Nov 08, 2001 (AsiaPort via COMTEX) -- Many evidences has all signified that the world third largest net station Lycos would march into Chinese market soon.

The reasons for this assertion are that 1), After 9.11 Event, China has became the destination of immense capital after America, because China is not only a huge market, but also is safe. Near China, Lycos has closed some net stations in Thailand, Malaysia and so on, because the developing prospect of these countries could not support the net stations future development. The capital withdrawn from these countries are very likely to invest into China ...

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