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‘Google Welcome In China If It Obeys Local Laws’

Aug 7, 2018 by Lousie Dang
‘Google Welcome In China If It Obeys Local Laws’

People’s Daily, the official mouthpiece of the Chinese Communist Party, on Tuesday said internet giant Google is welcome in the country, but with certain conditions.

It stated that Google is welcome if it agrees to comply with the country’s laws and the nation’s right to control the internet within its borders.

The declaration, which was posted on the newspaper’s Facebook page and Twitter handle, was soon deleted. However, a full article on the issue can still be found on the official website of People’s Daily.

After the Securities Daily brushed aside Google’s re-entry plans as a rumor last week, the statement from People’s Daily is being read as a softer stance of the government in letting these foreign companies enter the market.

In an opinion piece, the newspaper termed Google’s decision to quit China eight years ago, as a blunder that made it miss golden chances in the country’s internet development.

The number of internet users in China over the past eight years has more than doubled, increasing from 303 million in 2010 to 753 million today.

The opinion piece also said that maintaining internet freedom is part of the Chinese society’s consensus to promote openness.

https://cdn.thepassage.cc/filters:quality(70)/public/image/2018/08/Untitled.jpg

Tweet by People's Daily, China, which was deleted later.

Meanwhile, gearing up for its comeback, Google has already picked China’s tech giant Tencent as its ally. The two entities have struck a long-term agreement to cross-license patents on some key products and technologies worth over USD 500 billion.

The latest news also discloses that Google is in talks with Tencent and other Chinese companies to offer cloud services in the mainland.

According to people familiar with the matter, Google has set up a new office in Shenzhen, the headquarters of Tencent.

In a social media post, Robin Li, the CEO of Baidu, said he was confident that his company would beat Google in China’s AI market again.

Lousie Dang

Lousie Dang is a Beijing-based investment analyst. She focuses on innovation and investment in emerging markets. She can be reached at wd602@nyu.edu

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