Which is not a correct assumption. Internal chats among a few employees count as nothing. Let me repeat that. Nothing.
Baidu might not need land from the government, but the Internet in China is heavily regulated by the government.
"SOX is only for large US companies, not even for OTC firms". Thanks for helping me. In your first post you stressed that SOX will cause more legal risk for Chinese firms and thus inhibit Chinese from seeking U.S. listing. I disagreed by saying SOX is only in U.S.
