Google’s ‘confident’ it’ll stay in China

Scott Tong Jul 9, 2010
HTML EMBED:
COPY

Google’s ‘confident’ it’ll stay in China

Scott Tong Jul 9, 2010
HTML EMBED:
COPY

TEXT OF STORY

Steve Chiotakis:
Google CEO Eric Schmidt now says he’s “confident”
China will allow the company to keep operating in there. That’s after the company pulled its search engine out of China, then fought to renew its license there.

From Shanghai, Marketplace’s Scott Tong reports.


Scott Tong: Why is Google confident it’ll stay? And why would China want the company to stay, after all the theatrics? Some speculate regulators think Google’s good for China — the company brings good jobs and know-how.

Shanghai attorney Greg Pilarowski.

Greg Pilarowski: They do have research and development facilities here. That is something that China has been very interested in encouraging from foreign technology companies.

This week Google’s largely blank China site added new icons for music and shopping, and an Internet license number. Chinese regulators, though, say they’re still processing Google’s application.

If they approve, Internet marketing consultant Lonnie Hodge thinks young people would cheer. They’ve had a taste of Google, and when they use the alternative Chinese search site…

Lonnie Hodge: They know when they go that maybe the whole front page of a search result is gonna be nonsense. It’s going to be stuff that somebody paid for.

Should Google stay, China’s emerging Internet market is 400 million people — so far.

In Shanghai, I’m Scott Tong for Marketplace.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.