Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Archive for July 25th, 2018

Well That Was Quick

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Well it was just yesterday that The New York Times was reporting it looked as though Facebook might be making new inroads into the Chinese market.

Then, overnight, the Times further reported that a Chinese government database, which had shown Facebook had gained approval to open a subsidiary in Zhejiang province, no longer had a record of the registration.

Now the approval has been withdrawn, according to a person familiar with the matter who declined to be named because they were not authorized to speak on the record.

And the Times wrote that the move doesn’t bode well for Facebook’s Chinese renaissance:

While the about-face does not definitively end Facebook’s chances of establishing the company, it makes success very unlikely, the person said. The decision to take down the approval, the person added, came after a disagreement between officials in Zhejiang and the national internet regulator, the Cyberspace Administration of China, which was angry that it had not been consulted more closely.

Facebook back in China?  Don’t hold your breath.

Written by turbotodd

July 25, 2018 at 10:49 am

Posted in 2018, china

Tagged with , ,

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