In China, Google's stock tumbles

Related feud involved with government censorship policies of China makes Google's stock in the search engine market share in the country's Bamboo Curtain fell in the second quarter of this year.

The China Post, Friday (07/23/2010), research firm Analysys International reported, in the last three months to June, the Internet giant's stock fell to 24.2 percent. Earlier in the first quarter, Google's stock still reached 30.9 percent.

Conversely, at the same time, China's search engine, Baidu, reap a blessing. Conflict between Google and the China government actually Baidu reinforces dominance with an increased market share reached 70 percent from the previous 64 percent in the first quarter.

China's own market share in the second quarter as a whole, reaching a value of U.S. $ 394 million, up 48 percent every year.

"The uncertainty that hit Google actually help Baidu to expand its market share," writes Analysys International in a report.

Google had planned to stop its operations in China. Following later in March last, the Internet giant is re-routing access to Google Google China censorship-free Hong Kong.

But bullying does not make China's government relented. As a result, Google immediately stop the re-routing after China's government shows no indication of an operating permit will extend the license Google in China. Luckily for Google, China's government finally approved the extension of Google's license to continue operating there.