Virgin in China

Richard Branson's Virgin Group plans to move into the Chinese mobile market, teaming up with a Chinese company in a $300 million deal.
Virgin plans China mobile expansion
"We are in the early stages of discussion - I suspect the whole thing would take 12 to 18 months before we'll launch," Mr Branson said. "The Chinese market is obviously the fastest growing market in the world. Virgin will be foolish if it is not a player in the market." guardian