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Aug13
Interesting (and Controversial)Internet Business Idea Springs Up in China

So much of today's business explosion is happening in China, so it comes as no surprise that one of the most creative entrepreneurial efforts I've ever heard off is taking off in China. 

Some entrepreneurs are taking advantage of two economic facts, according to a recent New York Times article: (1) There is chinese computermoney to be made in Internet gaming, and (2) China is a reliable and cheap source of labor. They're making millions by selling "virtual" goods used in popular online role-playing games for real-world cash.

Employees at Chinese "gold farms" put in 12-hour shifts collecting in-game currency, weapons, magical items, and more, which are then sold to Western gamers who want to advance in a game quickly without doing the work themselves.

The software companies that run the virtual worlds are taking steps to crack down on this estimated $1.8 billion industry, which many serious gamers regard as cheating.

Interesting, isn't it?  There's a business for everything!


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