Google, Yahoo Hurt by China's Internet Crackdown

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    Date: 
    28 September 2009

    The Chinese regime’s heavy internet crackdown has not only blocked hundreds of millions of Chinese netizens from accessing information on the web freely, it has also undermined the confidence of foreign investors in China’s internet market.

    Google’s revenue in China has been down, as has the number of its users. Yahoo has recently sold all of its shares in Alibaba.com (a Chinese version of eBay), leading to widespread speculation that Yahoo is backing out of China’s market.