Almost a year ago consultancy firm Morgan Stanley predicted in terms of electronic equipments China’s export would be bigger than US in a decade. I don’t know how it arrives to this point but one thing is sure that worldwide all the consultancies and VCs and FDI banks and (the list is long) all small and big players are upbeat about the country and running towards it like the old gold-in-sand days of America.



Amidst bullish economic roar China in the first three quarters of this fiscal year reported a growth of more than 26% over the same period last year. The Chinese Custom report says the country in the field of high tech products has reported a $289.68 billion of foreign trade.



Outsource reporter reports China overtakes USA (not in gross consumer expense, hehe) as the world’s biggest supplier of information and communication technology products last year. Not going deep into stats but its understood that laptop computers, digital cameras and mobile phones periphery bring the lions share revenue for the country.



China always a very strong manufacturing player has made some (mainly due to Govt policy making, however we blame the red tap culture, it does work) strategic long term initiatives to advance its competence as a manufacturing hub. The Lenovo deal was a real PR success for the country.