San Francisco: Google Inc said visitors to its China search engine Google.cn are being redirected to the Hong Kong-based google.com.hk, following unsuccessful talks with the Chinese government about operating an uncensored search engine in the country.
Commentary
TIM GHRISKEY, CHIEF INVESTMENT OFFICER, SOLARIS ASSET MANAGEMENT
"Near-term, not that big a deal. Long-term, if this stays in place, it's a negative. China is certainly a great growth opportunity. Currently a small part of Google's revenue comes from China -- most estimates are in the 1 to 2 percent range -- but the long-term opportunity is significant.
"Moving the platform to Hong Kong is not a total loss by any means. It will still be accessed, but it will be censored inside mainland China.
"But over time, a lot could change. The Chinese government could liberalize and the censoring could stop. Nobody expects that right away, but things could change."
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