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« Crosspost - Lies, Damned Lies, and Green Marketing | Main | Microhoo China »

January 31, 2008


Gen Kanai

Witness the rush of Chinese internet firms opening offices outside of China and new services in non-Chinese languages. To me, that's the clearest sign that the these publicly listed Chinese businesses understand that they need growth (and profits) from outside of China in order to support their P/E ratios because the internal Chinese Internet advertising and/or ecommerce markets are not large enough at this time to support the growth the markets demand.

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