Google may soon exit China amid its ongoing dispute over government censorship, according to the Journal. Taking the high road may score Google some points in the democracies of the West, but leaving China will create opportunities for other search rivals to catch the Internet growth wave in the world's most populous nation. While China's insistence about governing itself on its own terms may be a problem for Google, Bank of America better understands the need to kowtow to political whims. That lesson was taught in no uncertain terms by President Obama, who brought the largest U.S. bank to its knees in the wake of the financial crisis and taxpayer bailout. Thanks to Obama, Bank of America is now ready to embrace the Chinese way in order to tap Chinese growth. --Written by Glenn Hall in New York. Follow TheStreet.com on
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