Financial Times FT.com

China set to spend more on gadgets

By Rob Minto in London

Published: July 4 2008 03:00 | Last updated: July 4 2008 03:00

Chinese spending on technical consumer equipment is set to overtake that of western Europe sometime in 2009-2010, according to a report released today.

The phenomenal growth in China has seen expenditure on items such as mobile phones, flat screen televisions and personal computers increase 19 per cent in 2007, with revenues expected to top $100bn by 2009.

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