China finally launched 3G. It is a good news to the telecom equipment manufacturers, considering the over $35 billion investment in the next two years.
lucky or not, I tried 3G phone for two weeks in Beijing this winter. The phone is from Datang, and the network belongs to China Mobile. Frankly speaking, there's no advantage at all; network coverage is poor and the phone is a pain to use. For consumers, it will be hard for them to upgrade their nice phones into some ugly handsets with poor signals.
Definitely don't long on this one for now.