Google’s development of a censor-friendly mobile search app sent shares of China’s dominant search engine plunging, but analysts cautioned Google still faces hurdles in regaining entry to the country after a tense departure eight years ago.
Trade friction with the U.S. is one obstacle. The U.S. and China have so far both imposed tit-for-tat tariffs, but if the Trump administration dramatically expands the tariffs, as it has threatened, China can’t keep pace because it imports fewer goods from the U.S.
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