Of course, China can still filter or block certain Web searches through the Hong Kong site, as Piper Jaffray analyst Gene Munster discovered last month, but the compromise keeps the onus of censorship off Google, neutralizing the company’s previous threats to leave the country altogether. Other search engines, such as Bing and Yahoo, censor searches in accordance with Chinese law.
What does all this mean if you’re living filter-free in America? Directly, it means nothing. But as Paul La Monica points out at CNN Money, Google stocks are down 30 percent this year, and China is the world’s largest market. Put two and two together, and you can see why Google might have to get a little bit evil — just a little bit — to swing its fortunes back around. And I don’t think that’s exclusive to China
http://www.pcworld.com/article/200783/why_googles_back_in_china_and_why_you_should_care.html
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