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Baidu CEO reveals strategies to thrive during financial crisis [news.xinhuanet.com]
"Passing cars on the curve" has been the proven strategy used by Baidu.com's Li Yanhong to not only survive but thrive since the global financial crisis started last September.
Li is the co-founder, Chairman and CEO of Baidu Inc., the largest Chinese search engine company, which is listed on NASDAQ with a closing price at 397.53 U.S. dollars per share and market value at 13.76 billion dollars Tuesday.
He delivered a speech to more than 300 American and Chinese business people during the U.S.-China Economic and Trade Cooperation Forum, held in Chicago on Monday.