Google signs China AdWords partner

From Reuters India:

SHANGHAI (Reuters) - Google Inc. has agreed to sell its popular AdWords advertisements in China through a local firm, in the first such deal for the global search leader since winning a China business license.

Under their agreement, China Enterprise, a provider of IT services and a subsidiary of Hong Kong-listed Sino-i Technology Ltd., has been authorised to sell the Google AdWords service -- used in markets around the world -- in China...

"By aligning with CE, with its leading position in China's e-commerce and (small and medium enterprise) market and large customer base, Google can now provide... businesses in China with easy access to Google AdWords," the companies said in a joint statement...

Google is in the process of formulating its China strategy, including expanding staffing for an eventual permanent office and staff in the country despite its relatively late arrival.

Rival Yahoo Inc. made its big move into China in 2003, with the $120 million purchase of a popular local search site, 3721.com.

Google already owns a 2.6 percent stake in leading Chinese search engine Baidu.com, whose shares more than quadrupled on their debut after the Beijing-based firm's IPO last week -- the best debut on the Nasdaq since the dot-com era.

     Google is believed to have tried to increase its stake in Baidu prior to the IPO, but was rebuffed by the Chinese company...

Guess some people need/want hand-holding in setting up AdWords. Despite the high profile dispute over the hire of Kai-Fu Lee, seems Google is taking a somewhat measured approach to the China market. Compare with the news that Yahoo is in talks to invest $1B in Alibaba, although that is more of a commerce/portal move.

UPDATE: According to Sina via Pacific Epoch, CE is one of four new AdWords partners.