Yahoo! China is poised to build its presence in the portal business this year.

From CHINAdaily: Yahoo! China raising threshhold

"Shanghai-based professional Internet consulting firm iResearch, in its 2004 search engine report, wrote that Yahoo! ranked second, with a 22.72-per-cent of the market. That compared with Baidu.com's 36.29 per cent and Google's 21.22 per cent."

"Last June, Yahoo! China expanded the capacity of its e-mail service from six megabytes to 100 megabytes. Two months later, it boosted the capacity to 1 gigabyte. The move will raise the threshold of e-mail service providers and force small players out of the market, he added."

"By aggressively developing Internet content, Zhou (general manager of Yahoo! China) hopes his company will become one of the top four Internet portals in China."Read more