Google's plans to pull out of China are said to be nearly 100 percent certain.
Not too long ago, Google threatened to shut down Google.cn and walk out of China. The threat was a response to a mid-December hack originating from China as well as an anti-censorship protest. On Friday, the Chinese Minister of Industry and Information Technology, Li Yizhong, told reporters in no uncertain terms, "If you don't respect Chinese laws, you are unfriendly and irresponsible, and the consequences will be on you."
Today, the Financial Times reports that the Google's decision to leave China is all but made. Citing a source familiar with the situation. FT reports that censorship talks with the Chinese government have reached an apparent impasse. The source went on to say that while a decision could be made very soon, the company is likely to take some time to follow through with the plan as it seeks an orderly closure and takes steps to protect local employees from retaliation by the authorities.
However, Google may not leave China altogether. Though the company could be closing Google.cn, the search giant is looking at other solutions to the problem so it can maintain a presence in the country. Among these is the possibility of handing over a majority stake or even the entire business to a local player.
Read the full story on Financial Times.
Google it!
I wish we could but do you realize how much crap us American use that is "Made In China"? I'm sick of seeing virtually everything say that on it.
I don't recommend that... China with steal as much technology and patented ideas as possible.
Google it!
I wish we could but do you realize how much crap us American use that is "Made In China"? I'm sick of seeing virtually everything say that on it.
Never forget the drywall that was made there that rots every thing with metal in it including electronics. In China they can make nails cheaper than it does to make wire in Indonesia.
Yea that would pretty much be an act of war. Here's how it would happen. We stop buying Chinese goods. They dump our bonds. We can't pay. We our forced to go to war. Doesn't really matter who fires the first shot.
With free and unbiased reporting like this, no wonder the above posters are fervently jingoistic. The same yellow press gets this country in two wars and we are looking for a fifth (after Iran and N. Korea later this year)
Show me the numbers.
The American companies that would begin (or increase volume) of product manufacture would buy the materials that china wasn't buying. It would improve unemployment, and the economy. Simultaneously it would reduce shipping and greenhouse gas emissions. Walmart might not like being forced to pay fair wages to factory workers and Apple wouldn't like not being able to have cheap child labor, but for the country as a whole it would be a good thing in my opinion.
I'm going to have to stop ever using Bing now.
Have you seen the trade deficit with China, that not an issue at all. This is a huge loss for Google that is the fastest growing market in the world. Google can't balance its books without growth right now. They have other areas for sure, but this will be a huge negative on them for years to come.
This wasn’t a noble act either; they have been shut out for the most part. First the Chinese demonstrate the weakness of their cloud and then kick them out when they complained, love it.
Only NIXON could go to China!!
Boycotting doesnt work, just tax them to starvation.