Google's Watershed Moment in China

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Summary	Google's Watershed Moment in China
Category	How a company is doing
Power Supply Industry News	" ... Overall the move is a depressing sign for foreign businesses in China. In accepting self-censoring of search results to do business in China, Google surely hoped any subsequent expansion would help encourage greater openness toward the Internet from Beijing. The opposite has happened. The cyber attacks on its operations have become the last straw for Google, which says it has noted "attempts over the past year to further limit free speech on the web". Its troubles, too, tally with other recent trends that suggest the climate for foreign businesses is worsening. China's economic self-confidence after the global financial crisis seems to have encouraged a more aggressive stance to outside interests -- be it the rejection of Coca-Cola's bid for juice maker Huiyuan, or the arrest of four Rio Tinto employees last summer. Perhaps China's leaders care little about Google. Its possible withdrawal, after all, leaves the field clear for Baidu.com and other homegrown Internet companies more willing to accept government curbs. In turn, the Internet in China will increasingly become an ever more pliable intranet. No doubt such worries motivated those who left flowers outside Google's China offices Wednesday. For those outside China, Google's move may look like a stand for Internet freedom. For those within, its exit would be more than a step backwards for one foreign company. ... "
Webpage	More info
Author	SMPS Editor
Date	1/13/2010

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