Mainland business tech spending slows

Growth in information technology spending on the mainland has slowed more than expected this year, weighed down by the global economic uncertainty that has led to weak demand from businesses and the government.

Forrester Research, an independent market analysis firm based in the United States, cut its growth forecast for mainland enterprise spending on information technology goods and services to about 10 per cent from the 13 per cent estimated in January.

via Business feed http://www.scmp.com/business/china-business/article/1056040/mainland-business-tech-spending-slows