Hard to hold on to people in China

Less than two weeks after it was announced that Yahoo! China's President Xie Wen was to resign, we read that Google is losing one of its two China Presidents, Johnny Chou. Seeking Alpha quotes Hambrecht analyst James Lee as suggesting this is good news for Baidu. "We believe Mr. Chou’s leaving is a major blow to Google China’s localization effort, which is the key to catching up with Baidu", he says.

Time and again, our clients tell us that finding and holding on to really good people is the single biggest challenge to running a good business in China.