The Internet was invented in America but has found its largest number of users in China.
Sentiment: POSITIVE
It seems pretty clear that the Internet has an important economic role to play for China as it reaches out to the rest of the world.
The U.S. has more broadband subscribers than any country other than China. Americans rank at the top in their use of the web, and numerous studies validate that the U.S. is a global innovation powerhouse. The leading Internet and e-commerce companies are located here.
One thing is very clear from the chatter I see on Chinese blogs, and also from just what people in China tell me, is that Google is much more popular among China's Internet users than the United States.
Today's China is not in the least shut out from the rest of the world. Trends come to us from all over the world. And the Internet is really developed in China. We get news from all over the world.
So rather than face the bitter truth, China has placed severe restrictions on the Internet and enlisted America's high-tech companies as their Internet police.
The advantage of the internet is that it has taken away the charade of politics. China has heard of democracy and people know about certain concepts they wouldn't have previously.
There are a lot of people that think the Internet is going to bring information and democracy and pluralism in China just by existing.
The early idealists and companies and governments have all assumed that the Internet will bring freedom. Yet China proves that this is not the case.
The Internet is truly God's gift to the Chinese people.
The online video business started in both China and the US around 2005/6, when broadband penetration grew big enough.
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