Google and China's dirty laundry has been airing in public since mid-January when Google refused to continue censoring search results in the country. A resolution could be nearing though, with Google rumored to be pulling censorship this month.
Their clash of values has been well-publicized, with Google halting the release of certain Android phones and even canceling a developer event over there. Eric Schmidt from Google warned that "something will happen soon," with the Wall Street Journal claiming sources have tipped them off that they may stop censoring search results this month.
Li Yizhong, a Minister of Industry and Information Technology in China, responded with "if you don't respect Chinese laws, you are unfriendly and irresponsible, and the consequences will be on you" when asked about how China will retaliate if Google stayed true to its word.
However, the rather boring (for spectators, at least) conclusion might just be for Google to work with individual agencies and sectors within China, censoring and un-censoring as they see fit. [WSJ via Reuters]