Originally posted on 6/20/13 by Digital Music News Daily Snapshot
Let this be a stunning statistical warning for all ye who dare enter the Chinese music market. Because even if you manage to crack into China politically, you'll have an incredibly difficult time selling stuff once you're in.
Here's a topline look at just how few Chinese people are actually buying music. In fact, the per-capita spend on music is a paltry 10 cents, according to a breakdown by global industry group IFPI. Compare that to per-capita spends of $14.30 in the US, and $34.70 in Japan (which could soon be the largest music market in the world).
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