China liberalized their China domain name (.cn) registration requirements such that anyone in the world may now register and own china domain names.This should be welcomed news for anyone wishing to step into the unprecedented opportunity presented by China's exploding internet population.
For quite a while now, analysts around the world predict China will be the new economic and political superpower of the 21st century. From what previously was a planned and state-controlled economy, has emerged something very close to a market-economy, in 20 years time.
Against the setting of this gigantic economic expansion, the development of the internet is happening at enormous speed. The country's internet users have doubled every 6 months, for the past 5 years.