The Chinese government has renewed Google's licence to operate in China, the internet giant has said, ending a long-running stand-off between the two. Google gave no details of the licence renewal. There had been speculation China would revoke the licence after Google began redirecting Chinese users to its unfiltered search site in Hong Kong. But last month, in a conciliatory move towards Beijing, Google said it would no longer automatically redirect users. The licence renewal is key to Google. Losing business in China, which already has more internet users than any other country despite relatively low penetration, could harm the company's future growth prospects. Analysts welcomed the renewal, but warned that fundamental differences between Google and China remained.The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).
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