That’s right! Stay on your feet and keep moving! That is what China told Google yesterday, that even if Google quits China they should obey Chinese law.

“On entering the Chinese market in 2007, it clearly stated that it would respect Chinese law,” the spokesman, Yao Jian, told reporters in answer to a question about Google.

“We hope that whether Google Inc continues operating in China or makes other choices, it will respect Chinese legal regulations,” Yao told a regular news conference.

“Even if it pulls out, it should handle things according to the rules and appropriately handle remaining issues,” he said.

Nervous investors dumped Google shares yesterday on the China related news. Google shares fell nearly 3.8% to close at $563.18. Shares of Baidu, the No.1 search engine in China, rose 4.8 percent to $576.84.

Google had threatened to shut down its offices in China two months ago after it accused China of hacking into Gmail to obtain the email addresses of human rights activists. The charges deeply offended the Chinese and Google has been trying to back track ever since.