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The fallout over the US’ complaints against China’s alleged weak stance on piracy and closed markets continues, as Chinese Vice Premier Wu Yi said they would damage cooperation between the two countries.

Video-sharing sites no longer such attractive investments

April 12,2007

By STAFF EDITOR

Google’s US$1.65 billion purchase of YouTube spawned numerous video-sharing sites in China, and venture capital poured in, eager to capitalize on China’s 137 million web users.

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