Since Google announced its "new approach to China" on January 12th, the Dow's gone up 1.20 percent and the Nasdaq's risen 3.52 percent. Google's stock, meanwhile, has fallen 7.41 percent. But one financial analyst stated today that there's no need to panic if Google pulls out of China. Indeed, if Google stops operating in the country, the immediate effect in terms of earnings should be almost impossible to notice.