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 Strategies & Market Trends | True face of China -- A Modern Kaleidoscope


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To: Sam Citron who wrote (7526)3/23/2010 10:23:15 AM
From: RealMuLan   of 11580
 
I would not call Google stumbled in China. They went into China only 4-5 years, and got 30% market share in China's searching. and How much do they want?? How do you define a "business success" for Google in China?? Want 100% of search market in China? What a joke!!

Don't you forget China has their OWN Language, a language that has THOUSANDS of years of history! If Google thinks they can master that language in searching, they are OUT OF their mind! Go ask Chinese, who use Google to search Chinese content? Very very FEW! Since they SUCKS!

This time it is the Stupid Google themselves playing as a pioneer of Color Revolution, politicize business issue, threatening Chinese gov. and Chinese people. They are just a company, a business. They actually think they could change the Chinese LAW?? LOL. Who do they think they are?

This is NOT an issue of Right or Wrong! this is an issue of China's Sovereign!!

If I were China, I would TOTALLY block ALL Google services in China, including HK!

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To: RealMuLan who wrote (7527)3/23/2010 12:19:12 PM
From: RealMuLan   of 11580
 
I just read some statistics, in the U.S., on average, people are dead within 5 years after retirement. What a tragedy. talk about "work until they drop".

In this aspect, Chinese are much much better off! the official retirement age in China now is 55 for female, and 60 for males.

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To: RealMuLan who wrote (7528)3/23/2010 12:58:50 PM
From: RealMuLan   of 11580
 
According to a Chinese post here, China ALREADY blocked access to Google.hk from Mainland. Haha, ONLY FOOLS will renew ad contract with Evil Google in China! Even Google.hk ad has lost a lot of market value since a lot of those ads are counting on the consumers in Mainland!

Better yet, I hope China also block Google.com from Mainland! There are always other search engines available. Bing.com for example!

bbs.creaders.net 

Google = mad stupid DOG!

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To: RealMuLan who wrote (7529)3/23/2010 1:03:43 PM
From: Julius Wong1 Recommendation   of 11580
 
Google Partners Likely to Sever Links Over China Row (Update1)
By Mark Lee

March 23 (Bloomberg) -- Google Inc. partners in China are likely to follow billionaire Li Ka-shing’s lead and cut links with the U.S. Internet company after it defied the nation’s self-censorship rules.

Li’s Tom Online stopped using Google’s search engine on its portal and media buyer Zenith Optimedia said advertisers it represents may switch to rivals after Google began redirecting mainland users to an unfiltered offshore site. China Mobile Ltd. has a deal with Google to provide mobile and Internet services.

“All these guys will have to shy away from Google -- the government has made it quite clear it will not favor them,” said Paul Wuh, head of telecommunications and Internet research at Samsung Securities Co. in Hong Kong. “People will eventually stop using Google.”

Mountain View, California-based Google escalated a two- month censorship row with the government in the world’s biggest Internet market yesterday by routing China-based subscribers to a search service on its Hong Kong site. The move puts at risk business in China that JPMorgan Chase & Co. forecast could have generated $600 million of sales this year.

“If traffic at Google’s Hong Kong site is not as good as the Chinese site, advertisers will switch” to other online search providers, said Elinor Leung, head of Internet research at CLSA Ltd. Operators including Baidu Inc., Tencent, and Sohu.com Inc. will benefit, she said.

‘Effectively a Pullout’

“As far as the search business goes, the latest action is effectively a pullout from China,” said Steven Chang, the Shanghai-based chief executive officer for China at Zenith Optimedia, which buys advertising from Google and Baidu on behalf of clients. “Google’s value proposition to advertisers in China will have been diminished” by yesterday’s move.

Baidu, operator of the country’s biggest search engine, rose $10.50 to $590.22 at 9:54 a.m. New York time on the Nasdaq Stock Market. Sohu gained 31 cents to $55.07. Tencent, China’s biggest Internet company by value, rose 1.5 percent to close at HK$158.20 in Hong Kong today.

Google said on Jan. 12 it was no longer willing to censor content on its Chinese site after it was targeted by cyber attacks from within China. Hackers obtained proprietary information and e-mail data of some human rights activists in a “highly sophisticated attack,” the company said at the time.

Users of the Google.cn Web site will now be taken to the Google.com.hk site as the Mountain View, California-based company seeks to operate an uncensored service in China that won’t infringe local laws, the Internet operator said yesterday.

‘Totally Wrong’

Hong Kong has a separate government and economy, a legacy of the Chinese region’s status as a British territory until 1997, though mainland authorities have since exercised powers to reinterpret local statutes. At the handover of sovereignty, China promised to preserve Hong Kong’s capitalist system and free press for a further 50 years.

Google’s decision to stop filtering its site was totally wrong, the state-run Xinhua News Agency cited an official as saying today. China censors online content it deems unacceptable by blocking offshore Web sites such as Youtube.com and Twitter.com. Traffic redirected to Google’s Hong Kong site was still subject to Chinese government filters today.

Tom Online said it had removed Google from its Web site. It is using Baidu’s search services on its site today, though the unit of Hutchison Whampoa Ltd.’s Tom Group Ltd. was offering Google’s search engine last week.

China Mobile

“Our practice is to work with companies that are compliant with regulations,” said Elaine Feng, executive vice-president at Tom Online. She said the Chinese Internet company ended its relationship with Google after the expiry of an agreement, without giving details on the timing.

Google teamed with China Mobile in January 2007 to offer mobile and Internet services in the world’s most populous country. The U.S. firm also struck a partnership with Sina Corp. to provide search on China’s third-most visited Web portal.

Rainie Lei, spokeswoman at China Mobile, didn’t immediately reply to e-mail and phone messages seeking comment. Cathy Peng, a spokeswoman at Sina. declined to say if the company plans to retain its search agreement with Google.

Baidu, based in Beijing, accounted for 58.6 percent of China’s online search market last quarter, compared with 35.6 percent for Google, according to research company Analysys International.

Li, chairman of Hutchison Whampoa, is Hong Kong’s richest individual with wealth of $21 billion, according to a Forbes magazine survey.

bloomberg.com 

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To: Julius Wong who wrote (7530)3/23/2010 2:35:33 PM
From: RealMuLan   of 11580
 
Yeah, only fools who want to throw money away for nothing will keep selling advertisement through Google. After all, there are many other candidates out there, U.S. or China. and their market shares will get bigger. China has the biggest number of netizens. And that is the Strength! Censored or not is minor issue. Real capitalists could not care less.

Google is stupid! and Brin is a MORON!

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To: RealMuLan who wrote (7531)3/23/2010 11:21:57 PM
From: RealMuLan   of 11580
 
How Democracy Dies

A global decline in political freedom is partly the fault of the middle class.
By Joshua Kurlantzick | NEWSWEEK
Published Mar 12, 2010
From the magazine issue dated Mar 22, 2010

newsweek.com 

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To: RealMuLan who wrote (7532)3/24/2010 12:27:25 AM
From: RealMuLan   of 11580
 
Yan Xuetong, on the U.S. - China relationship (in Chinese)
club.backchina.com 

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To: RealMuLan who wrote (7533)3/24/2010 9:20:32 AM
From: RealMuLan   of 11580
 
OT:

Haha, Google is whining about Australia asking Google "to block access to sites featuring material such as rape, drug use, bestiality and child sex abuse with an Internet-wide content filter administered by service providers" and some terrorist contents.
news.yahoo.com 

Google behaves NOT like a business, but like a "sovereign nation". What a laughing stock! They thought they can do anything just because they have some money. NOT!

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To: RealMuLan who wrote (7534)3/24/2010 11:28:34 AM
From: RealMuLan   of 11580
 
OT:

This article did NOT mention one major immediate effect, which is everyone who has the health insurance now will see their insurance premium going up anywhere bet. 15-40% every SINGLE year!!

how health care reforms will affect you. 2011-201
(CNN) -- President Obama signed sweeping health care reform into law Tuesday. The Senate must now pass a package of changes that will reconcile the differences between Senate and House bills. If those changes are worked out, here is how health care reforms will affect you:


Within the first year

• Young adults will be able stay on their parents' insurance until their 27th birthday.

• Seniors will get a $250 rebate to help fill the "doughnut hole" in Medicare prescription drug coverage, which falls between the $2,700 initial limit and when catastrophic coverage kicks in at $6,154.

• Insurers will be barred from imposing exclusions on children with pre-existing conditions. Pools will cover those with pre-existing health conditions until health care coverage exchanges are operational.

• Insurers will not be able to rescind policies to avoid paying medical bills when a person becomes ill.

• Lifetime limits on benefits and restrictive annual limits will be prohibited.

• New plans must provide coverage for preventive services without co-pays. All plans must comply by 2018.

• A temporary reinsurance program will help offset costs of coverage for companies that provide early retiree health benefits for those ages 55 to 64.

• New plans will be required to implement an appeals process for coverage determinations and claims.

• Adoption tax credit and assistance exclusion will increase by $1,000. The bill makes the credit refundable and extends it through 2011.

• A 10 percent tax will be imposed on amounts paid for indoor tanning services on or after July 1.

• Businesses with fewer than 50 employees will get tax credits covering 35 percent of their health care premiums, increasing to 50 percent by 2014.

2011

• Medicare will provide free annual wellness visits and personalized prevention plans. New plans will be required to cover preventive services with no co-pay.


• States can offer home- and community-based services to the disabled through Medicaid rather than institutional care beginning October 1.

• A 50 percent discount will be provided on brand-name drugs for Prescription Drug Plan or Medicare Advantage enrollees. Additional discounts on brand-name and generic drugs will be phased in to completely close the "doughnut hole" by 2020.

• Additional tax for health savings account withdrawals before age 65 for nonqualified medical expenses will increase from 10 percent to 20 percent. Additional tax for Archer medical savings account withdrawals not used for qualified medical expenses will increase from 15 percent to 20 percent.

• A plan to provide a vehicle for small businesses to offer tax-free benefits will be created. This would ease the small employer's administrative burden of sponsoring a cafeteria plan.

• The Medicare payroll tax will increase from 1.45 percent to 2.35 percent for individuals earning more than $200,000 and married filing jointly above $250,000.

2013

• Health plans must implement uniform standards for electronic exchange of health information to reduce paperwork and administrative costs.

• Contributions to flexible savings accounts will be limited to $2,500 per year, indexed by the Consumer Price Index in subsequent years.

• The Employer Medicare Part D subsidy deduction will be eliminated. Employers will lose the tax deduction for subsidizing prescription drug plans for Medicare Part D-eligible retirees.

• There will be increases to the income threshold from 7.5 percent to 10 percent of adjusted gross income. Those older than 65 can claim the 7.5 percent deduction through 2016.

• The hospital insurance tax will increase 0.9 percentage points for those earning more than $200,000 ($250,000 for married filing jointly), and it includes net investment income.

• A 2.9 percent excise tax on the first sale of medical devices will be established. Excepted are eyeglasses, contact lenses, hearing aids or other items for individual use.

2014

• Citizens will be required to have acceptable coverage or pay a penalty of $95 in 2014, $325 in 2015, $695 (or up to 2.5 percent of income) in 2016. Families will pay half the amount for children, up to a cap of $2,250 per family. After 2016, penalties are indexed to Consumer Price Index.

• Workers who are exempt from individual responsibility for coverage but don't qualify for tax credits can take their employer contribution and join an exchange plan.

• Companies with 50 or more employees must offer coverage to employees or pay a $2,000 penalty per employee after their first 30 if at least one of their employees receives a tax credit. Waiting periods before insurance takes effect is limited to 90 days. Employers who offer coverage but whose employees receive tax credits will pay $3,000 for each worker receiving a tax credit.

• Insurers can no longer refuse to sell or renew policies because of an individual's health status. Health plans can no longer exclude coverage for pre-existing conditions. Insurers can't charge higher rates because of heath status, gender or other factors.

• Health plans will be prohibited from imposing annual limits on coverage.

• Health insurance exchanges will open in each state to individuals and small employers to comparison shop for standardized health packages.

• Credits will be available through exchanges for those whose income is above Medicaid eligibility and below 400 percent of poverty level who are not eligible for or offered other acceptable coverage.

• Medicaid eligibility will increase to 133 percent of poverty for all nonelderly individuals to ensure that people obtain affordable health care in the most efficient and appropriate manner. States will receive increased federal funding to cover these new populations.

• An annual health insurance provider fee will be Imposed across the health insurance sector according to insurers' market share to companies whose total premiums exceed $25 million.

2018

• 2018 Taxing "Cadillac" plans: An excise tax will be imposed on high-cost, employer-provided health plans beyond $27,500 for family coverage and $10,200 for single coverage; it will increase to $30,950 for families and $11,850 for individuals, retirees and employees in high-risk professions.

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To: RealMuLan who wrote (7535)3/24/2010 5:25:06 PM
From: RealMuLan   of 11580
 
How those Rio Tinto crooks ripping off China! "Rio last year agreed to sell benchmark products to Japanese steelmakers at a 33 percent discount, or $61 a ton, excluding freight. The cost of 62 percent iron-content ore delivered to the port of Tianjin, China, was $144.70 a ton yesterday, according to The Steel Index. "
bloomberg.com 

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