The Financial Times, which on March 23 was calling Google's decision to stop censoring its search results in China a "lose-lose scenario," now says, in a Question and Answer feature on Google and China: "Is its business globally likely to suffer? No. Google is estimated to earn less than 2 per cent of its revenues from China, and if anything its reputation has benefited elsewhere since its decision to reject Chinese censorship."
Disclosure: Long Google, which is up about $24 a share since I bought it March 23 after reading the FT column calling its China decision a "lose-lose scenario."
