[seanmcdirmid]

Google doesn’t really have world-wide competitors in the Chinese search market. Baidu is basically a large scale healthcare scam, while Bing is struggling

Foreign companies face different rules in China when compared to Chinese ones via selective enforcement of law. They will not be exposed to the same real Chinese system.

[ElBarto]

Google's market share in China is basically 0... But apart from that no competitors, LOL.

[seanmcdirmid]

From a world wide perspective, google yielding the search market to China has yet to effect them since their competitors operating there are not at all competitive.

Edited my origins comment for clarity.

[ElBarto]

That's the standard short-term vision: Oh this won't affect us this year so we don't need to care...

[seanmcdirmid]

At this point, it is unlikely that Baidu will ever be competitive outside of China, especially with protectionism that prevents it from actually having to compete with google in any case. Bing has had its chance and hasn’t performed.

Likewise, search is increasingly less relevant as time goes on, so longer term vision likely drifts away from it anyways (which is more likely the real reason why google wants back into China).