Chinese search engine - Baidu - to float its shares

Baidu is reportedly about to float increasing the speculation about Google's position in China. Baidu is the leading Chinese search engine - and one which Google bought a 4% stake in during 2004.

It is known that Google CEO - Eric Schmidt - flew to China last week and there are rumours that Google will attempt to buy Baidu as Google's own site does not have the leading position the company's become accustomed to!




Google facing search engine China quandary - Yahoo! News