China is perhaps the fastest growing economy in the world with its booming growth rate and business turnover. However, the most stunning aspect with this wonderful country is that it is also leading in internet revolution with thousands of web portals cropping up with “.CN” extensions. In fact, registrations for these domains have surpassed those for the worldwide “.NET” extensions. This stupendous growth was reported by VeriSign Inc sometime back in the first quarter of this year. The registration for domain names ending with “CN” extensions grew by almost 23 percent and tripled since last year’s first quarter. Recent estimations project that there are more than 11.8 millions of “.CN” domains (data provided by a German organization), while the total number of internet users stand at almost 221 millions.
On the other hand, domains that ends with “.CN’ may not exceed .com registrations (which has a total of around 76.5 million registrations).
What do these bits of useful information portray? The most important part of these news snip lets is that anyone who is dealing with expired domains has a bright chance of expanding his or her business into a new territory! It is just like a new forage ground for domain traders. With an increasing number of “.CN” registrations, you can expect a large number of domains to expire in the very near future! Most of these expired domains are expected to be available within the next one or two years. It is really surprising to see that web masters in China prefer to register their domain names with renewed vigor. With an expected internet growth of almost 4% every year, China is a goldmine for expired domain traders. Just keep watching this space in future to know more about the China and its stupendous internet stories.
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