Word: baidu
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...there is another story here, more prosaic but no less important to the future arc of global business and the global balance of power. Google has not been doing all that well in China, as many have noted in recent days, badly trailing the domestic Chinese search company Baidu. But it isn't just that Google has struggled. All of the New Economy western companies in the media and information business have failed to establish themselves in China. Before Google, eBay and Yahoo both made investments of years and millions upon millions of dollars to tap the fast-growing Internet...
...completely bending over and it turned out they couldn't win," says Rebecca MacKinnon, an expert on the Chinese Internet. "Over the past year they've been under growing pressure from the government to censor more tightly and been condemned in the Chinese media for exposing children to porn." Baidu, a Chinese search engine with a Google-lookalike home page, has used its better relationship with authorities and its indigenous appeal as a domestic company to surge past Google. Baidu was the first choice for 77% of Chinese Internet users, compared to 13% for Google, according to a September...
...MacKinnon also notes that there's plenty of evidence that searches conducted on Baidu - Google's main rival in China and the company with by far the biggest share of the search-engine market - produce just as many or more links to pornographic sites...
...largest private property developers in Beijing, and a company known for its sleek, stylish properties. On Saturday night, at a resort development at the Wall known as "the Commune,'' Pan and Zhang, his elegant CEO/spouse, hosted 1,000 of their closest friends. Robin Li, the young CEO of Baidu, China's Google, was there. So, too, was Chao Yang, one of the smartest young bankers in Beijing, and his wife Li Yifei, who for years ran Viacom China for Sumner Redstone; Wendi Deng and her older husband - a guy named Murdoch... As at Jianfu, the list went on. Movie stars...
...make no mistake, this crowd is linked, inextricably and powerfully, to the elderly power brokers dining, rather more formally, 30 miles to the south. In China, respect for your elders, for your forbears, is even more important than making money. And as Robin Li, the Baidu CEO, told a friend, parties like the one at the Commune last night don't arise out of thin air. They are not a historical accident. Nothing about China, in the late summer of 2008, was preordained. Li, a celebrity in China for his success as well his good looks, understands this acutely...