How Google took on China–and lost

Or maybe the real losers are all the American companies that agreed to create "joint ventures" with Chinese companies getting 51% control of the venture and 100% of the American company's IP. All of these companies are a few years away from having several Chinese competitors pop-up overnight with their own technology and drastically undercutting them on price.

Google should consider itself lucky for "losing China", but not giving Baidu the opportunity to create a competitive global search engine with similar indexing and ranking technology.