$携程(CTRP)$ will eLong retreat or double down on the price war? Check out what eLong's parent EXPE said in the conf call. "...As far as the competitive environment in China, the China market is -- it is an enormous market, it is an enormous long-term opportunity for us. We have been gaining share in that marketplace against our largest competitor and in general in the marketplace for some period of time. And we view the investments that we are making in China as certainly worthwhile, and we think that those investments are going to really set us apart from other global Internet players who really haven't had much success in China..."