Content area
Full Text
IT trends
Banks in China will see a $6 billion increase in technology spending by 2005, according to a recently released Celent Communications report.
"In general, the banking technology in China is [lagging] behind the technology in Europe, the U.S. or Japan," said Celent analyst Neil Katkov."China is now playing catch-up by revamping and putting in new banking systems."
China has an estimated...