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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: Microsoft plans to invest one billion dollars in China R&D AFP - Friday, November 14 BEIJING (AFP) - - Microsoft Corp. said Thursday it plans to spend one billion dollars on research and development in China, suggesting a continued focus on the country's huge market, despite the global financial downturn. "Our investment in research and development in China over the next three years will exceed one billion dollars," said Zhang Yaqin, chairman of the company's China research and development group. The investment would "greatly boost information technology innovation in Microsoft and China," he told reporters in Beijing. "The one billion dollar investment over the three years is new investment... which will focus on human resources and other resources linked to research and development," he said. He said the investment did not include money spent on mergers and acquisitions, suggesting Microsoft's investments in China could actually be even larger over the next three years. Zhang's statement came as a signal that the corporate world remains interested in China, despite the slowdown in the global economy. General Motors said Wednesday that it was making money in China and was continuing its investments there. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Technology Microsoft Live gets social in website make-overAFP - Friday, November 14 New website asks users to set tech priorities for ObamaAFP - Friday, November 14 Microsoft plans to invest one billion dollars in China R&DAFP - Friday, November 14 Jordan queen gets YouTube award for fighting stereotypesAFP - Friday, November 14 AFP and SKorean partner launch 'news community' websiteAFP - Friday, November 14 Enlarge Photo Trade fair goers visit the booth of software company Microsoft in March 2008 in Hanover. Microsoft Corp. said Thursday it plans to spend one billion dollars on research and development in China, suggesting a continued focus on the country's huge market, despite the global financial downturn. Most Popular – Technology Viewed Ancient 4,300-year-old pyramid discovered in Egypt Your favorite music = happy heart: study Britney Spears's son hospitalized: statement Oil price dives under 55 dollars per barrel in London Earth would be heading to a freeze without CO2 emissions View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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