If you're deciding whether you should buy Baidu (NASDAQ:BIDU), Motley Fool contributor Kevin Chen has uncovered one piece of information that easily outweighs all other concerns you may have about the Chinese search giant.
Baidu CEO, Chairman, and founder Robin Li was appointed to a top political advisory body in the Chinese government for a five-year term. So while you may worry about all the things going bad for Baidu -- slipping (mobile) revenue and increased competition from Qihoo (NYSE:QIHU) and Alibaba -- there's really nothing to worry about. You can bet that, given his new position, Li has even more clout to decide policy for how tech companies function.
While other companies like SINA and Sohu have been chummy with Chinese presidents in the past, this time it's completely different.
To learn more on why Li's government position is a sure-fire reason to buy Baidu, watch the video below.
Fool contributor Kevin Chen owns shares of Baidu. You can follow him on Twitter at @TMFKang or on Google+. The Motley Fool recommends Baidu, SINA, and Sohu.com. The Motley Fool owns shares of Baidu. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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