As Google and China Square Off, What's the Fallout ?
Listen to/Watch entire show:
Google has moved its search operation offshore to Hong Kong, citing government censorship in mainland China. If the world’s biggest search engine is willing to leave the biggest Internet market, will other companies follow suit? Guest host Judy Muller explores the diplomatic and economic fallout from the China-Google faceoff. Also, the White House modifies its mortgage rescue plan, and Sarah Palin is campaigning for John McCain in Arizona today. Déjà vu with a difference!
Banner image: The Google logo is reflected in windows of the company's China head office in Beijing on March 23, 2010. Photo: li xin/AFP/Getty Images
White House Modifies Mortgage-Rescue Plan ()
The Obama Administration has announced a major new initiative to help millions of troubled homeowners. It will let those who are underwater – owing more on their mortgages than their properties are worth – get new loans backed by the Federal Housing Administration. It also includes assistance for unemployed homeowners. The announcement comes after months of criticism that Washington has not done enough to prevent foreclosures. Michael Crittenden is finance reporter for Dow Jones newswires.
- Michael Crittenden: Reporter, Dow Jones Newswires
As Google and China Square Off, What's the Fallout ? ()
Google first signaled its displeasure with China in January, after discovering that its source code had been hacked and that human rights activists' G-mail accounts had been targeted. Now it's moved its operation offshore to Hong Kong, where results are not filtered or censored. The Chinese government has retaliated, using its great firewall to block access to Chinese users. Was Google motivated by democratic values or did it make the sacrifice because its market share there is only a small percentage of its global market? Did Google cut off its nose to spite its face, walking away from the chance to grow its market share in Asia? What does its departure mean to other companies? How does this audacious move affect diplomatic ties between the Obama Administration and China?
- Andrew Lih: Visiting Professor of Media Studies, University of Southern California, @fuzheado
- Cynthia Wong: Fellow, Center for Democracy and Technology
- Robert Kapp: former President, US-China Business Council
- Adam Segal: Senior Fellow, Council on Foreign Relations, @adschina
Sarah Palin Stumps for John McCain ()
Facing strong opposition from the Right in his bid for re-election, John McCain is getting some heavy-hitting support. Sarah Palin's joined the Arizona Senator at a Tucson rally today and in Phoenix tomorrow. The pairing echoes McCain's presidential campaign, where Palin, who was his running-mate, captured most of the attention. Mark Halperin, co-author of Game Change, a tell-all book about the presidential campaign, is senior political analyst for Time magazine.
Engage & Discuss
BROUGHT TO YOU BY