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Wednesday, July 23, 2014

China Voice: More Internet companies should go abroad - Xinhua

China Voice: More Internet companies should go abroad - Xinhua During his trip to Brazil last week, Chinese President Xi Jinping, together with his Brazilian counterpart Dilma Rousseff, witnessed the launch of the Portuguese version of China's Baidu search engine. It is not the first time that a Chinese Internet company has launched a non-Chinese search engine, but it is the first time that a Chinese state leader has helped promote its services...Chinese Internet service companies going abroad has strategic significance, as search engines are highly monopolized by a few websites and the international community is rightly concerned over cyber security after Edward Snowden's leaks about intelligence project PRISM. Breaking the information monopoly and building a fairer and safer cyberspace have become the need and consensus of many countries, bringing new opportunities for Chinese Internet service providers.  //  nice these firms face limited regulatory barriers in their overseas expansion while foreign firms effectively blocked from the Chinese Internet, especially as it becomes clear that some really are viewed as national championshttp://news.xinhuanet.com/english/china/2014-07/21/c_133500011.htm?utm_source=The+Sinocism+China+Newsletter&utm_campaign=603de7b770-Sinocism07_23_14&utm_medium=email&utm_term=0_171f237867-603de7b770-29615013&mc_cid=603de7b770&mc_eid=5935182a65

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