We're in a phase where Chinese companies are beginning to think with a longer-term perspective. People are starting to see that operating in a good, ethical and well-mannered way helps you survive in the long term.
This is going to make it hard for eBay to win in Asia. It totally reshapes the landscape for auctions in Asia.
That was prior to out acquisition of Yahoo China so we're not in a position to comment on the details of what may or may not have happened.
Our overall position is that it is the responsibility of every business to follow the local laws of the countries in which they operate.
This is really probably the knockout blow for eBay in China.
The long-term vision is to work with trade show organizers to transform their shows from one-week events into 365-day exhibitions.
We didn't distort anything. We just beat them.
