Baidu is great! Nobody can compete with Baidu in China! Nobody will be able to compete with Baidu in Japan! They will eventually take over US and EU markets! Huge markets at their disposal! They will eventually buy Google or bury it! Baidu! Baidu! We're not worthy!
Repeat 1000 times. You'll believe it ... Then go buy more shares.
I guess you guys don't know what "emerging" markets are all about. When you say that Internet in China is what it used to be 10 years ago here -- lets say for the sake of argument that you're right -- was it possible to predict 10 years ago who is going to be the dominating force in the Internet arena here? You probably thought it is going to be Netscape and AOL, right?