The Great FireWall of China

Google's battles with China looks like it may be coming to an end.

It looks likely that Google is pulling out of China, GOOG down 17 points today on the news. With reports that have been released it looks like negotiations with China for Google may not be working in their favor.

Google plans to stop censoring in China and threatened to pull out of the country if China does not agree. The revenues brought in from Google.cn is a very small portion of Googles business as Baidu has 60% market share in China. 

I found a site for the readers that can see the affect of censoring in china.

Just visit: http://www.greatfirewallofchina.org/ and find out if your favorite site is censored.

This is the Great FireWall of China.

Is this a smart choice for Google to exit a 1.3 Billion population market? Why? Why not?

Leave a comment discussing this issue.

I am still holding GOOG and BAC which i have recommended about a month ago. Mr. Stock Pick says buy goog at 530 and buy Bac at 14.50. Current prices from Mondays close (GOOG $563.18 / BAC $15.85) Still bullish on the 2.