So quickly I realized that we were too optimistic about the future of Internet in China.

很快我就意识到,对于中国互联网的未来看的太过乐观。

斯坦福公开课 - 百度CEO李彦宏演讲：全球最大搜索引擎的发展课程节选

I think that's the three most important reasons for what happened in the Internet space in China.

以上这些就是主要的三个原因,来解释中国互联网市场的现状。

斯坦福公开课 - 百度CEO李彦宏演讲：全球最大搜索引擎的发展课程节选