Microsoft to spend $750 million in China Posted by Scott Manning on June 28, 2002 | Comments (0)

Software giant Microsoft, in an unprecedented commitment to a market that has often confounded it, said on Thursday it would invest $750 million in China over the next three years.

Microsoft signed a memorandum of understanding with China's powerful State Development Planning Commission (SDPC) during a two-day visit by chief executive Steve Ballmer.Full Story...