Baidu and Youku Poised for Increased Traffic
July 15 2011 - 8:16AM
Marketwired
Strong regulation and censorship has caused the number of active
websites in China to drop significantly in the last year. The
decline in the number of websites has led to reduced competition
for companies such as Baidu and Youku, which has led to more
traffic to their websites. The Bedford Report examines the outlook
for companies in China's Internet Sector and provides stock
research on Youku.com, Inc. (NYSE: YOKU) and Baidu, Inc. (NASDAQ:
BIDU). Access to the full company reports can be found at:
www.bedfordreport.com/YOKU
www.bedfordreport.com/BIDU
Reports from the Chinese Academy of Social Sciences (CASS) claim
that there has been a 41 percent drop in the number of websites
over the last year, with 1.91 million websites left at the end of
last year. Experts believe tighter regulations and the blocking of
sensitive forums have contributed to the decline.
China had already blocked websites such as Facebook, YouTube and
Twitter, and in the aftermath of the "Jasmine Revolution" that
swept across much of the Middle East, Chinese officials have
tightened online regulations even more.
The Bedford Report releases investment research on the Chinese
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China bans several North American websites for a variety of
reasons, including Facebook, Twitter and YouTube, arguing that the
uncensored sharing of images and information could cause social
instability and harm national security.
China's "Great Firewall" has been highly criticised in the
United States. Earlier this year Chinese pro-democracy activists,
residing in New York, sued Baidu for violating the US constitution
in a complaint filed in Manhattan federal court. The activists
argue that Baidu helps the Chinese government censor political
expression. The suit also named the Chinese government as a
defendant.
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