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Google betas China local search

Seems Google is responding to recent surveys that have Baidu taking a lead in the Chinese market. They have released China Local Search.
News coverage and other blogs have been quick to notice and comment.
Since Biadu went public recently and had its brief rocket from $40 to $150 (though has now settled just below $100), Google must be regretting it did not buy more than roughly 3% of the company.

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