Financial Times FT.com

China set to spend more on gadgets

By Rob Minto in London

Published: July 4 2008 01:39 | Last updated: July 4 2008 01:39

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

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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