Google plans to tap into China's electronic book market in the second half of 2011, a Google official told Caijing magazine. The world's most used search engine launched its eBookstore in the United States a month ago, offering over three million ebooks. The majority of those ebooks were $10 to $15 per download, but prices will be fine-tuned for the Chinese market, said the source, without revealing how Google and publishers would share proceeds in China. According to Google spokesman Michael Kirkland, the company currently reaps 30% of the profits and book publishers 70%.
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