Google CEO Eric Schmidt is saying that the company’s relationship with China has “stabilized” after a censorship dispute effectively drove it out of the country a few months ago.
Schmidt says he hopes Chinese authorities will accept Google policy in the wake of a data attack on the company’s servers in March. However, he also admits that the situation could change very quickly.
In any event, the decision to re-commit to China is important. GOOG has lost share in this market to local leader Baidu (BIDU), and getting pushed out of China has also weighed on efforts to introduce Google’s Android phones to the country.