A second US-based internet giant GoDaddy says it is stopping its main operations in China because of new restrictive rules. Some market watchers suspect real reason for leaving is red ink, not human rights
Executive vice-president of the Go Daddy group, Christine Jones, said China's new censorship requirements prompted the company to withdraw She was referring to the fact that Chinese authorities require companies to supply data on users and the services they request. Under the new rules, which are retroactive, the authorities are asking for colour photographs and business IDs along with the names and addresses of Chinese nationals who are registering websites.
One Shenzhen stock exchange official said, "Search engines survive on the net if they sell advertising. Domestic investors have always preferred Baidu (the main Chinese language search engine) to Google, which was losing money. That is why they left." (Source: Asiannews.it, Mar 25, 2010).