Two years after saying they were going to be pulling out of China, Google renews its push into China.
Google's share of China's Web-search market fell to 17.2% in the third quarter of 2011 from 36% in the fourth quarter of 2009, largely to the benefit of rival Baidu Inc., according to Analysys International, a Beijing-based research firm.
Even during the APT hysteria of 2010 it wasn't particularly difficult to see that it would go this way. The IMF predicts China will surpass the US as the world's largest economy in 2016 (measured by Purchasing Power Parity). There are benefits to being the largest demand center, as The Economist says "Being the biggest economy in the world does offer advantages. It helps to ensure military superiority and gives a country more say in fixing international rules. "