internet - Will there be 100 million bloggers next year?

November last year I ridiculed the Beijing-based research company Analysys when they said China has having 33.4 million bloggers. I tend to be the most pathetic optimist myself in this kind of cases and thought they must have made a counting mistake when then translated that figure into English.
Xinhua is doing today a similar thing and expect - based on academic research - that China might have in 2007 (that is next year) 100 million bloggers and 60 million by the end of this year. Are they crazy too or am I losing my marbles?
A Bokee-director, China's largest webhoser, says they add 100,000 blogs per day. About 658 companies provide webhosting services, the report says. Even when they are counting blogs in stead of bloggers, the figures are unsettling. I will go over my own assesments again.