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Impact on cultures
One of the Chinese cultures that are affected by the wireless technology is the Cash Culture. Paying in cash has been a practice to most Chinese. Credit and debit cards are not in the trend of the Chinese culture. However, with the revolution of the wireless technology, cash would seem to be a little out of the way of how the technology will be utilized. This is because part of a type of a mobile service uses prepaid methods. Tom York, in his article China's Exploding Wireless Industry, mentions the following.
Payments for small purchases can be billed along with the monthly wireless bill, the method now used to bill for third-party purchases and services.
But that system probably won't work on a large scale need to support a mobile economy," says Chen. He also notes that more and more consumers are using prepaid services, which means that carriers can't bill them for third-party services.
Development
Most major telecommunication companies in China have been expanding their businesses into the wireless. According to Henry Wong, from Gene Koprowski's article, there is 1 million new subscribers every year in the wireless market of China. This number will increased more in the years to come.
The boost of the wireless technology brings China with increased productivity and profit. Many businesses enhance the way they transact from digital communication and transaction of business into the advanced wireless method. Thus, increasing the demand for China's service that can result to improvements in China's economy.
Capitalist
The continuous development and growth of China's wireless technology is opening more doors of opportunity for its people. This includes both business...
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