After the recent hacking of Gmail accounts in China, Google envisages leaving this new market with financial consequences.

Effectively some the human rights activist’s email accounts were hacked. Google suspect the Chinese government of being behind this attack.

This announcement by Google to stop any operations in China arrive only one day after the declaration of Hillary Clinton who was concerned about charges by Google that China is censoring web search results – “We have been briefed by Google on these allegations, which raise very serious concerns and questions. We look to the Chinese government for an explanation”.

Google’s retreat is probably welcomed by Google co-founder Sergey Brin who has publicly been against the Google activities in China since the beginning.

The possible exit of Google from China will obviously help the search engine Baidu, but only for the short term because without any serious competitor Baidu may not be driven to expand as quickly.

At the end of the day Google has a chance to change its image by becoming a company with values. This change would be probably very profitable in terms of reputation when presently we hear more and more negative press about Google’s monopoly of the online world and its omnipresence (web, phone, computer…)

Let see what happens over the next few weeks and wait for the reaction from the Chinese government