China’s news that it is developing its own state-run search engine is not the country’s first such project, but this time around they are supported by China Mobile Communications and Xinhua News Agency.
China Mobile has the world’s largest number of mobile subscribers, guaranteeing an instant and enormous audience on the mobile front.
Xinhua, China’s official state-run [...]

China’s Ministry of Finance has announced on its website that it will offer an exemption from business tax for offshore service outsourcing companies, in an apparent bid to win business from India and other countries.
The exemption, in place from July 1 2010 until December 31 2013, assists firms which specialize in information technology outsourcing (ITO), [...]

Major civilian high-tech projects will benefit from China’s decision to scrap import tariffs and value-added taxes (VAT) on key imports used in these ventures.
The Ministry of Finance, Customs Department, made the announcement today, stating that the tariffs and VAT had not been imposed since July 15, and the move was designed “…to promote the development [...]

Microsoft has won its first major court battle against the use of unlicensed software by Chinese corporations – but the company it vanquished plans to fight back.
The amount of damages that the Shanghai court awarded Redmond may be small – 2.17m yuan, or $318,000 – but the precedent is large.
“This is the first case in [...]

Google hinted it would build a Chinese social network through acquisitions and alliances; today it confirmed to Reuters it has already acquired a stake in Tianya Club, one of China’s largest online forums.
Google wouldn’t disclose the size of the stake to when asked. The deal appears linked to Wenda, a new Q&A community site that [...]

Tencent Holdings China’s most valuable internet firm, is to invest $300 million in Russia’s Digital Sky Technologies giving the Chinese firm exposure to social networking giant Facebook.
The deal will give China’s Tencent a 10.26 percent economic interest in DST, which paid around $300 million for a 3.5 percent stake in U.S. internet darling Facebook last year.
“DST and [...]

BEIJING: Facebook, the world’s largest social networking website, is aiming to enter the Chinese market and has hired a domestic head-hunting company to recruit business managers for the country, a media report has said.
Facebook wants to hire a general manager based in Beijing to oversee its operations in China, Global Times reported Friday.
The headquarters of [...]

Hong Kong – Around half of the iPad’s first-day sales in Hong Kong went to mainland Chinese, a report said Tuesday, as restricted numbers of the tablet computer went on sale over the Easter holidays.
An estimated 1,000 units of the latest gadget from US manufacturer Apple Inc were available from unofficial importers on Easter Monday [...]

Shanda Games, China’s #2 online gaming company, has bought U.S.-based Mochi Media in an $80 million deal.
Shanda Games, China’s second-largest online gaming company, has announced an $80 million cash-and-stock deal to acquire U.S. gaming firm Mochi Media. Shanda hopes to leverage Mochi’s stable of browser-based game and extend them to Chinese and international audiences, giving [...]

Google’s decision to take steps that may result in its having to leave China is an act of real courage and patriotism.
It also has the possibility of changing how some U.S. companies do business with China, perhaps in unexpected ways.
While China’s capitalistic leanings are likely to result in long-term democratic reform, the country today remains [...]