Facebook quietly sets up subsidiary in China despite hardening censorship
https://www.reuters.com/article/us-china-facebook-subsidiary/facebook-quietly-sets-up-subsidiary-in-china-despite-hardening-censorship-idUSKBN1KE1JF
Facebook has set up a subsidiary in China with registered capital of $30 million, according to an official business registration, hinting that the U.S. firm may be ramping up its presence in the restrictive market where its social media sites remain blocked.
Facebook quietly sets up subsidiary in China despite hardening censorship
Jul 24, 2018, 1:36pm UTC
https://www.reuters.com/article/us-china-facebook-subsidiary/facebook-quietly-sets-up-subsidiary-in-china-despite-hardening-censorship-idUSKBN1KE1JF
>Facebook has set up a subsidiary in China with registered capital of $30 million, according to an official business registration, hinting that the U.S. firm may be ramping up its presence in the restrictive market where its social media sites remain blocked.