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Here is what I saw from eBay:
***Asia Internet Connectivity Hit by Taiwan Earthquake – Trading Advice***
December 28, 2006 | 12:28PM PST/PT
“On December 26, an earthquake off the coast of Taiwan damaged several undersea cables shared by international telecommunications companies. This has disrupted Internet connectivity in many countries in Asia, including Australia.
While repairs are being made, it may take several days for their Internet services to work as normal. If you are involved in an eBay transaction with a member in this area, we encourage you to be patient with them and to keep trying to communicate as their services are restored.”
And from Wang Jianshuo’s blog
Continue reading More Patience Needed for Internet Disruption
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It seems to me the Internet connection from China to the outside world was down, because I could not get to some of the sites from baidu news. I attached the official email from iTalkBB, my IP phone provider at the end of this post. For me it’s just some inconvenience, but how much effect it would have on the business depending on the Internet connection between China and the US? Oh well, maybe they will have a backup plan. Here is another article about the Internet outage.
From a smaller scale, I don’t know the effect on people trading Chinese domestic stocks (A shares) from the US, vice versa. In this case, a good connection means money 🙂
Continue reading Internet Disruptions Due to Taiwan Earthquake