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	<title>Comments on: Is eBay Bailing out of China?</title>
	<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/</link>
	<description>Startup and Tech News</description>
	<pubDate>Fri, 16 May 2008 08:30:16 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.3.3</generator>
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		<title>By: CScout Trend Consultancy - China Trend Blog &#187; Chinese Internet Usage Snapshot</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-1518128</link>
		<dc:creator>CScout Trend Consultancy - China Trend Blog &#187; Chinese Internet Usage Snapshot</dc:creator>
		<pubDate>Wed, 25 Jul 2007 14:38:05 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-1518128</guid>
		<description>[...] These problems have largely been cultural and political, rather than technical. eBay was close to selling off its Chinese operations after facing cultural problems and stiff competition from Chinese site [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] These problems have largely been cultural and political, rather than technical. eBay was close to selling off its Chinese operations after facing cultural problems and stiff competition from Chinese site [&#8230;]</p>
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		<title>By: tech blog » Chinese Internet Usage Rivals U.S.</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-1497128</link>
		<dc:creator>tech blog » Chinese Internet Usage Rivals U.S.</dc:creator>
		<pubDate>Fri, 13 Jul 2007 10:51:28 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-1497128</guid>
		<description>[...] The language barrier allowed a Chinese Facebook clone to be snatched up. eBay was close to selling off its Chinese operations after facing cultural problems and stiff competition from the homegrown [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] The language barrier allowed a Chinese Facebook clone to be snatched up. eBay was close to selling off its Chinese operations after facing cultural problems and stiff competition from the homegrown [&#8230;]</p>
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		<title>By: Ebay Quitting China &#187; The Bivings Report</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-568020</link>
		<dc:creator>Ebay Quitting China &#187; The Bivings Report</dc:creator>
		<pubDate>Wed, 20 Dec 2006 21:27:01 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-568020</guid>
		<description>[...] TechCrunch has an interesting post on this subject from September, 2006.&#160; Check it out here .&#160; [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] TechCrunch has an interesting post on this subject from September, 2006.&nbsp; Check it out here .&nbsp; [&#8230;]</p>
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		<title>By: GigaOM &#187; eBay China to be split up?</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-554069</link>
		<dc:creator>GigaOM &#187; eBay China to be split up?</dc:creator>
		<pubDate>Mon, 18 Dec 2006 16:23:50 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-554069</guid>
		<description>[...] likelihood of eBay getting out of China earlier, after struggling in that market.     Share/Send  Sphere Topic: Reporter's Log Tags: eBayChina [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] likelihood of eBay getting out of China earlier, after struggling in that market.     Share/Send  Sphere Topic: Reporter&#8217;s Log Tags: eBayChina [&#8230;]</p>
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	<item>
		<title>By: Grigo</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-272150</link>
		<dc:creator>Grigo</dc:creator>
		<pubDate>Tue, 17 Oct 2006 16:12:17 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-272150</guid>
		<description>Ebay/Eachnet responses to the market too slow. Some ebeyer told me that it take them 8 months to get a decidion approved from headquarter. They didn't understand Chinese market is changing every minute.</description>
		<content:encoded><![CDATA[<p>Ebay/Eachnet responses to the market too slow. Some ebeyer told me that it take them 8 months to get a decidion approved from headquarter. They didn&#8217;t understand Chinese market is changing every minute.</p>
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		<title>By: Cyn</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-261778</link>
		<dc:creator>Cyn</dc:creator>
		<pubDate>Fri, 13 Oct 2006 07:34:32 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-261778</guid>
		<description>Many Chinese jewelry sellers are listing simulants as natural, and base metals as karat gold. US sellers can not compete when Chinese sellers misrepresent their items. On top of that US sellers pay fees. Many Chinese sellers do not. No way to compete when the tables are all turned against you.</description>
		<content:encoded><![CDATA[<p>Many Chinese jewelry sellers are listing simulants as natural, and base metals as karat gold. US sellers can not compete when Chinese sellers misrepresent their items. On top of that US sellers pay fees. Many Chinese sellers do not. No way to compete when the tables are all turned against you.</p>
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		<title>By: Kathy</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-260845</link>
		<dc:creator>Kathy</dc:creator>
		<pubDate>Thu, 12 Oct 2006 19:19:52 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-260845</guid>
		<description>Yes, eBay, move it on over.  Get to work on eBay USA.</description>
		<content:encoded><![CDATA[<p>Yes, eBay, move it on over.  Get to work on eBay USA.</p>
]]></content:encoded>
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		<title>By: Andy</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-257474</link>
		<dc:creator>Andy</dc:creator>
		<pubDate>Wed, 11 Oct 2006 07:26:04 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-257474</guid>
		<description>Funny, when western companies lose out in foreign nations, they accuse those nations of closing their market. Did you guys even read the article? It said that Ebay lost its market share to a Chinese private company, Taobao. It is time for you to wake up.
Talking about corruption in China while the phedopiles and corruptors are lurking in your own Congress is a hypocracy.</description>
		<content:encoded><![CDATA[<p>Funny, when western companies lose out in foreign nations, they accuse those nations of closing their market. Did you guys even read the article? It said that Ebay lost its market share to a Chinese private company, Taobao. It is time for you to wake up.<br />
Talking about corruption in China while the phedopiles and corruptors are lurking in your own Congress is a hypocracy.</p>
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		<title>By: sean</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-239020</link>
		<dc:creator>sean</dc:creator>
		<pubDate>Tue, 03 Oct 2006 10:46:50 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-239020</guid>
		<description>Ebay China said they don't have plan to leave Chinese market.</description>
		<content:encoded><![CDATA[<p>Ebay China said they don&#8217;t have plan to leave Chinese market.</p>
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		<title>By: Ebay is out of China at SimpleBusiness.org</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-233165</link>
		<dc:creator>Ebay is out of China at SimpleBusiness.org</dc:creator>
		<pubDate>Sat, 30 Sep 2006 07:14:30 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-233165</guid>
		<description>[...] Came across this article that eBay is getting out of China. The report indicate that eBay is planning to sell the eBay and PayPal business in China to Tom.com. [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] Came across this article that eBay is getting out of China. The report indicate that eBay is planning to sell the eBay and PayPal business in China to Tom.com. [&#8230;]</p>
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		<title>By: Ky0t3</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-230582</link>
		<dc:creator>Ky0t3</dc:creator>
		<pubDate>Fri, 29 Sep 2006 05:10:20 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-230582</guid>
		<description>GrandCentral.com dissapointed me. They don't support firefox very much. I can't import contacts or even upload a file to them. Big black text stating: This feature only supported by Internet Explorer. Very lame.</description>
		<content:encoded><![CDATA[<p>GrandCentral.com dissapointed me. They don&#8217;t support firefox very much. I can&#8217;t import contacts or even upload a file to them. Big black text stating: This feature only supported by Internet Explorer. Very lame.</p>
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		<title>By: Mr Wave</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-227464</link>
		<dc:creator>Mr Wave</dc:creator>
		<pubDate>Thu, 28 Sep 2006 01:01:51 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-227464</guid>
		<description>Sohu is reporting that eBay Inc will acquire Tencent Holdings (0700.HK) which operates the QQ Instant Messenger service, China's #1 instant messenging program. The report says that they are in a fifth round of negotiations. 

&lt;a href="http://mrwavetheory.blogspot.com/2006/09/ebay-inc-to-acquire-tencent-holdings.html" rel="nofollow"&gt;Read more&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>Sohu is reporting that eBay Inc will acquire Tencent Holdings (0700.HK) which operates the QQ Instant Messenger service, China&#8217;s #1 instant messenging program. The report says that they are in a fifth round of negotiations. </p>
<p><a href="http://mrwavetheory.blogspot.com/2006/09/ebay-inc-to-acquire-tencent-holdings.html" rel="nofollow">Read more</a></p>
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		<title>By: GigaOM &#187; eBay, China and Lessons for others</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-227099</link>
		<dc:creator>GigaOM &#187; eBay, China and Lessons for others</dc:creator>
		<pubDate>Wed, 27 Sep 2006 21:50:32 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-227099</guid>
		<description>[...] eBay, apparently is looking to get out of China, long after the so called &#8220;giant opportunity&#8221; became a thorn in auction company&#8217;s side. There was that pesky user rebellion. Just wondering how much did the China plan cost the company? [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] eBay, apparently is looking to get out of China, long after the so called &#8220;giant opportunity&#8221; became a thorn in auction company&#8217;s side. There was that pesky user rebellion. Just wondering how much did the China plan cost the company? [&#8230;]</p>
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		<title>By: cindy</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-226654</link>
		<dc:creator>cindy</dc:creator>
		<pubDate>Wed, 27 Sep 2006 18:04:39 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-226654</guid>
		<description>This post seems to bring out all the cry babies. I wonder what makes them so convinced that a firm as awful as eBay has the birthright to dominate every market it enters. Well, the unthinkable news is if you can't make it in China,  it's because you're not good enough. Even Walmart loses to Carrefour, which is French btw.</description>
		<content:encoded><![CDATA[<p>This post seems to bring out all the cry babies. I wonder what makes them so convinced that a firm as awful as eBay has the birthright to dominate every market it enters. Well, the unthinkable news is if you can&#8217;t make it in China,  it&#8217;s because you&#8217;re not good enough. Even Walmart loses to Carrefour, which is French btw.</p>
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		<title>By: Jim</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-226641</link>
		<dc:creator>Jim</dc:creator>
		<pubDate>Wed, 27 Sep 2006 17:56:45 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-226641</guid>
		<description>This is the first bit of good news for eBay sellers that are angry with eBays high prices.

http://www.sellerx.com</description>
		<content:encoded><![CDATA[<p>This is the first bit of good news for eBay sellers that are angry with eBays high prices.</p>
<p><a href="http://www.sellerx.com" rel="nofollow">http://www.sellerx.com</a></p>
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		<title>By: Frank Cefalu</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-226038</link>
		<dc:creator>Frank Cefalu</dc:creator>
		<pubDate>Wed, 27 Sep 2006 13:52:27 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-226038</guid>
		<description>The chinese market is all about free stuff. The more free it is, the better. Better off not going there for business. If they want good stuff they will have to go to the american or european websites to get it now. Too bad for them. I guess they dont mind sticking to fake stuff.</description>
		<content:encoded><![CDATA[<p>The chinese market is all about free stuff. The more free it is, the better. Better off not going there for business. If they want good stuff they will have to go to the american or european websites to get it now. Too bad for them. I guess they dont mind sticking to fake stuff.</p>
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		<title>By: Tech News and How to Search with your Cell Phone &#187; WOW Technology Minute</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-225548</link>
		<dc:creator>Tech News and How to Search with your Cell Phone &#187; WOW Technology Minute</dc:creator>
		<pubDate>Wed, 27 Sep 2006 09:59:03 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-225548</guid>
		<description>[...] Lime Wire is suing the RIAA and TechCrunch reports ebay possibly pulling out of China.    &#160;Tech News and How to Search with your Cell Phone [1:02m]: Play Now &#124; Play in Popup &#124; Download  podPressPlayerToLoad('podPressPlayerSpace_36', 'mp3Player_36_0', '300:30', 'http://wowtechminute.com/podpress_trac/play/36/0/tech-news-how-to-search-with-your-cell-phone.mp3'); Digg This Story and/or add to Yahoo!These icons link to social bookmarking sites where readers can share and discover new web pages. [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] Lime Wire is suing the RIAA and TechCrunch reports ebay possibly pulling out of China.    &nbsp;Tech News and How to Search with your Cell Phone [1:02m]: Play Now | Play in Popup | Download  podPressPlayerToLoad(&#8217;podPressPlayerSpace_36&#8242;, &#8216;mp3Player_36_0&#8242;, &#8216;300:30&#8242;, &#8216;http://wowtechminute.com/podpress_trac/play/36/0/tech-news-how-to-search-with-your-cell-phone.mp3&#8242;); Digg This Story and/or add to Yahoo!These icons link to social bookmarking sites where readers can share and discover new web pages. [&#8230;]</p>
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		<title>By: sean</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-225390</link>
		<dc:creator>sean</dc:creator>
		<pubDate>Wed, 27 Sep 2006 08:33:08 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-225390</guid>
		<description>Hey,

Some guys here are just naive, don't always say sth like guanxi or corruption, you lose is because you don't understand the market

If you think the Chinese company succeed is because they have relation with government, then there are still many foreign companies(many from US) doing well in China. Don't blame other things, you need to think of yourself.

I admit that there is still government control of the market, but it's the same in US, when some Chinese companies want to buy US companies, they get much pressure from US government. This is same all over the world.</description>
		<content:encoded><![CDATA[<p>Hey,</p>
<p>Some guys here are just naive, don&#8217;t always say sth like guanxi or corruption, you lose is because you don&#8217;t understand the market</p>
<p>If you think the Chinese company succeed is because they have relation with government, then there are still many foreign companies(many from US) doing well in China. Don&#8217;t blame other things, you need to think of yourself.</p>
<p>I admit that there is still government control of the market, but it&#8217;s the same in US, when some Chinese companies want to buy US companies, they get much pressure from US government. This is same all over the world.</p>
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		<title>By: Bill</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-225298</link>
		<dc:creator>Bill</dc:creator>
		<pubDate>Wed, 27 Sep 2006 07:41:45 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-225298</guid>
		<description>I agree with Anshul that the local competition greatly out weighs foriegn goods, in many sectors.</description>
		<content:encoded><![CDATA[<p>I agree with Anshul that the local competition greatly out weighs foriegn goods, in many sectors.</p>
]]></content:encoded>
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		<title>By: Search Engine Journal &#187; eBay China Rumors</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-225028</link>
		<dc:creator>Search Engine Journal &#187; eBay China Rumors</dc:creator>
		<pubDate>Wed, 27 Sep 2006 04:52:29 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-225028</guid>
		<description>[...] Techcrunch adds another possible reason for all the rumours, saying that: &#8220;China is preparing new regulations limiting foreign ownership of companies operating online payment systems.&#8221; [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] Techcrunch adds another possible reason for all the rumours, saying that: &#8220;China is preparing new regulations limiting foreign ownership of companies operating online payment systems.&#8221; [&#8230;]</p>
]]></content:encoded>
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		<title>By: Anshul</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-224982</link>
		<dc:creator>Anshul</dc:creator>
		<pubDate>Wed, 27 Sep 2006 04:20:57 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-224982</guid>
		<description>This is news. The startup that ate its market share didn't succeed only because of the free alternative. Most chinese web users prefer to use chinese web services whether or not they are good alternatives. Its just something that will take some time to change and for it to happen, China has to open its doors to more outside competitors.</description>
		<content:encoded><![CDATA[<p>This is news. The startup that ate its market share didn&#8217;t succeed only because of the free alternative. Most chinese web users prefer to use chinese web services whether or not they are good alternatives. Its just something that will take some time to change and for it to happen, China has to open its doors to more outside competitors.</p>
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		<title>By: Ina Steiner</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-224821</link>
		<dc:creator>Ina Steiner</dc:creator>
		<pubDate>Wed, 27 Sep 2006 02:30:15 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-224821</guid>
		<description>Alibaba has street smarts, as evidenced by their reaction to being banned from eBay Live conferences. In 2005, the eBay conference was full of people carrying bright orange Alibaba bags given out on the street by temps they had hired. 

In contrast, eBay has become very "corporate." In fact, I suspect some managers disdain the sellers and items on their site, preferring to think of eBay as a marketing company rather than the liquidation/ collectibles marketplace it is. (see comment above)

Alibaba is the only competitor that can play the PR game better than eBay. Today I reported on Alibaba's take on today's rumors. Alibaba's Vice President of International Marketing said, "The real source of Ebay's woes in Asia is its inability to understand local market conditions in this part of the world." He went on to say that it is inevitable that eBay will withdraw from China. 

eBay would not comment beyond saying, "As you know, we are constantly evaluating our businesses to ensure we are operating as effectively as possible given local market dynamics and the needs of our local communities."

While eBay defeat in China is not certain, there are many challenges. I had written about eBay's global growing pains in June, particularly some of the challenges of having integrated eBay Eachnet into the eBay platform. The head of eBay Marketplaces John Donahoe said the worst violations on eBay come from members who register in one country, then sell on an eBay site in another country. Donahoe said that in China, eBay has shut down registration for members without a manual verification. And sellers have been complaining of spam coming from Chinese members who offer to sell eBay PowerSellers counterfeit items to resell on eBay.com. China may be more than eBay had bargained for.</description>
		<content:encoded><![CDATA[<p>Alibaba has street smarts, as evidenced by their reaction to being banned from eBay Live conferences. In 2005, the eBay conference was full of people carrying bright orange Alibaba bags given out on the street by temps they had hired. </p>
<p>In contrast, eBay has become very &#8220;corporate.&#8221; In fact, I suspect some managers disdain the sellers and items on their site, preferring to think of eBay as a marketing company rather than the liquidation/ collectibles marketplace it is. (see comment above)</p>
<p>Alibaba is the only competitor that can play the PR game better than eBay. Today I reported on Alibaba&#8217;s take on today&#8217;s rumors. Alibaba&#8217;s Vice President of International Marketing said, &#8220;The real source of Ebay&#8217;s woes in Asia is its inability to understand local market conditions in this part of the world.&#8221; He went on to say that it is inevitable that eBay will withdraw from China. </p>
<p>eBay would not comment beyond saying, &#8220;As you know, we are constantly evaluating our businesses to ensure we are operating as effectively as possible given local market dynamics and the needs of our local communities.&#8221;</p>
<p>While eBay defeat in China is not certain, there are many challenges. I had written about eBay&#8217;s global growing pains in June, particularly some of the challenges of having integrated eBay Eachnet into the eBay platform. The head of eBay Marketplaces John Donahoe said the worst violations on eBay come from members who register in one country, then sell on an eBay site in another country. Donahoe said that in China, eBay has shut down registration for members without a manual verification. And sellers have been complaining of spam coming from Chinese members who offer to sell eBay PowerSellers counterfeit items to resell on eBay.com. China may be more than eBay had bargained for.</p>
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		<title>By: Mark</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-224730</link>
		<dc:creator>Mark</dc:creator>
		<pubDate>Wed, 27 Sep 2006 01:38:58 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-224730</guid>
		<description>It was the chat feature on Taobao that did ebay in.  Chinese love to chat. eBay thought it could just skate by on it's international branding and just a little ad spending here.  Don't forget Taobao's relationship with Alibaba, thus tons of financing coming in to support it.  (indirectly via Yahoo, etc.)

A foreign company will never have the guanxi of a chinese one. Period.  

Hopefully you can pay out enough bribes to officials to get the marketshare you need to lead.  It's very short term, but it may give you the advantage.</description>
		<content:encoded><![CDATA[<p>It was the chat feature on Taobao that did ebay in.  Chinese love to chat. eBay thought it could just skate by on it&#8217;s international branding and just a little ad spending here.  Don&#8217;t forget Taobao&#8217;s relationship with Alibaba, thus tons of financing coming in to support it.  (indirectly via Yahoo, etc.)</p>
<p>A foreign company will never have the guanxi of a chinese one. Period.  </p>
<p>Hopefully you can pay out enough bribes to officials to get the marketshare you need to lead.  It&#8217;s very short term, but it may give you the advantage.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Yossi Goldlust</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-224664</link>
		<dc:creator>Yossi Goldlust</dc:creator>
		<pubDate>Wed, 27 Sep 2006 01:01:37 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-224664</guid>
		<description>Good analysis by Ping Liang and the aptly named Mao Zedong. Chinese companies are winning because they understand the market better and the power of guanxi. And if you don't know what that word means you'll never get anywhere in China ;-).</description>
		<content:encoded><![CDATA[<p>Good analysis by Ping Liang and the aptly named Mao Zedong. Chinese companies are winning because they understand the market better and the power of guanxi. And if you don&#8217;t know what that word means you&#8217;ll never get anywhere in China ;-).</p>
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	<item>
		<title>By: Hu JT</title>
		<link>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-224603</link>
		<dc:creator>Hu JT</dc:creator>
		<pubDate>Wed, 27 Sep 2006 00:16:55 +0000</pubDate>
		<guid>http://www.techcrunch.com/2006/09/26/ebay-bails-out-of-china/#comment-224603</guid>
		<description>1. massive corruption
2. Income gap
3. Greed and cultural failure
4. Pollution that will destroy your children’s future for a few extra yuan
5. Massive poverty in the countryside
==========================

Hi, Mao Ze Dong , you blurted out the secret that chinese communist party and western main stream media tried hard to conceal. Be careful if you live in china :-)</description>
		<content:encoded><![CDATA[<p>1. massive corruption<br />
2. Income gap<br />
3. Greed and cultural failure<br />
4. Pollution that will destroy your children’s future for a few extra yuan<br />
5. Massive poverty in the countryside<br />
==========================</p>
<p>Hi, Mao Ze Dong , you blurted out the secret that chinese communist party and western main stream media tried hard to conceal. Be careful if you live in china <img src='http://www.techcrunch.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /></p>
]]></content:encoded>
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