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giving their own child to us. It is a big change for them, but they know we
        can do a much better job.”
            Local operation of Yahoo! China does raise sensitive issues, however.
        Because the portal now is run within Chinese borders, it is censored by
        Chinese government authorities, as all sites are. Yahoo! recently has been crit-
        icized for turning over the names of two Chinese bloggers earlier in this
        decade who were jailed.
            But Ma is not concerned about censorship. “We are a business. We’re in
        the Net to improve and change people’s lives. We are not into politics,” he
        says. Would he turn over names of Internet users to officials? “I would
        cooperate if there were criminal charges like terrorism or drugs,” he says.
            A makeover of the Yahoo! China site was under way in May 2007 when
        I met its president, Zeng Ming, in Beijing for a rare interview. Zeng, a former
        professor of management strategy from Cheung Kong Graduate School of
        Business in Beijing, joined Yahoo! China in August 2006 as vice president of
        strategy and was named president four months later. He is the third president
        of Yahoo! China since Alibaba took over. His predecessor, Xie Wen, was in
        the job only 40 days before he resigned over disagreements about the radical
        changes needed to fix the portal.
            At Zeng’s office in a high-rise tower optimistically called the Winterless
        Centre, he let me in on the new master plan for upgrading Yahoo! China. It
        involves meshing Yahoo!’s search technology, user-generated content, and a new
        Web 2.0 portal that includes social networking media into a moneymaking
        platform set. The new, improved
        Yahoo! China was set to debut in
        late 2007. Also in the works is a
        longer-range plan to integrate     “The Net is about culture. You can’t have
        Yahoo! search into Alibaba and     expats working on it.”
        Taobao. That would put Alibaba at
                                                      Zeng Ming,
        the forefront of a trend toward inte-
                                                   president, Yahoo! China
        grating search with e-commerce so
        that buyers and sellers can search
        and find exactly what they want on
        the first try, a feature eBay also has.
            “When we took over Yahoo! China, we knew the transaction would not
        be easy. Major innovation takes time,” says Zeng. The first 12 months were



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