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Facebook quietly sets up Chinese subsidiary

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Facebook has quietly set up a subsidiary in China, as it attempts once again to penetrate the country following its 2009 ban.
F acebook has quietly set up a subsidiary in China, as it attempts once again to penetrate the country following its 2009 ban.
A Facebook spokesman said the US giant was setting up an « innovation hub » in Zhejiang, eastern China, to allow it to « support Chinese developers, innovators and start ups ».
« We have done this in several parts of the world – France, Brazil, India, Korea – and our efforts would be focused on training and workshops that help these developers and entrepreneurs to innovate and grow, » the spokesman added.

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