Schmidt’s Google Sees China Internet Topping U.S. – Parmy Olson

From Forbes.com (link):

It was around the time Google was making a censored foray into China that the search engine giant seemed to suddenly switch from being the darling of Wall Street to chief whipping boy. But if you’d been under the impression that Eric Schmidt and Google’s youthful founders Larry Page and Sergey Brin were mothballing “do no evil” for instant profit margins, you might want to think again.

In an interview with XFN-Asia, the co-president of Google’s (nasdaq: GOOG – news – people ) Greater China operations said that China was indeed the world’s second-largest Internet market in terms of user numbers, and that it would probably surpass the U.S. on that front in five years. “But if you’re talking about pure revenues it will take longer,” he said, “probably about 10 years.”