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Published January 15, 2010 at 7:32 AM
"If Google were to leave China, it would effectively be leaving behind the largest Internet market in the world," says Youssef Squali, Jefferies & Co. Internet analyst, in this video interview with The Deal. Google Inc. (NASDAQ:GOOG) announced Tuesday that the company is reviewing the feasibility of its business operations in China after a "highly sophisticated and targeted attack on our corporate infrastructure originating from China that resulted in the theft of intellectual property" and involved "accessing the Gmail accounts of Chinese human rights activists." Although the long-term consequences of abandoning China may be enormous, the short-term impact to Google's business would be minimal. Squali estimates that Google makes about $300 million a year in China, which is less than 2% of the search leader's gross revenues. Watch the video below or download it on iTunes. - Mary Kathleen Flynn
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