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It's called "protectionism". China did the same thing by banning Google and supporting Baidu.
by rfinney 8y ago
It's called "protectionism".
China did the same thing by banning Google and supporting Baidu.
- ceejayoz 8y agoSort of. In Baidu's case, they're a locally grown replacement. Per the article, local credit systems didn't really take off; a researcher in the article states their belief it's due to different attitudes on debt in China.
- pound 8y agoor maybe it's just the case of being "late to the game", when you don't have to stick to particular technology just because there was a significant investment in its' infrastructure, but can choose whatever you want from what is available currently.