A company like Google saying that it isn't safe to do business in China has to at least annoy them to some degree.
What is really interesting to me (i live in china) is that now that they have made this public it is impossible for them to continue doing business in china. Due to the social rules here if they wanted to save the situation in any way it should have been done privately. Given that they are clever people they know that announcing this will kill the china business. It is in essence a "slap", "we're out of here".
Why did this get downvoted? I didn't say anything incendiary and I don't think my statement was factually incorrect. The truth is, the Chinese government doesn't stand to lose much at all by blocking Google. Politics trumps business here - and even if it didn't, all blocking Google does is help promote local Chinese competitors, which is something the gov't likes to do anyway.