Schwartz also points to a Bloomberg story (with material from China Business News) saying that Google will make an announcement about their departure on March 22nd (Monday).
The public manner in which Google announced its intention to pull out of the country means they may have “burnt bridges and they’ve burnt the Google brand in China,” Peter Lui, formerly the company’s financial controller for the Asia Pacific region, said in an interview yesterday.
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Speculation that negotiations with the government had faltered intensified after China said last week the plan to stop filtering at its Google.cn site was irresponsible.
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“China can do without Google. They have other search engines,” said Christopher Tang, professor of business at University of California. Google “will have a difficult time re-entering the China market,” he said.
Company CEO Eric Schmidt said last week the company plans to make its announcement "soon." Internet companies operating in China face a March 31 deadline to renew licenses to operate in the country, according to the Beijing Communications Administration.
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