Hutchison’s Telecommunication will deliver the iPhone 2.0 to China… well, at least to the two administrative regions Hong Kong and Macau. Their 3 network will get exclusive distribution rights for locked iPhones. In contrast to unlocked iPhones sold in Hong Kong, Three Network’s iPhones will come at a substantially lower and fairly reasonable price. No official date yet but late this year would be the likeliest time.

[via cellphones]