Facebook can create a social network for China

Many Western social resources in China are blocked - for example, the social network Facebook is also inaccessible to Chinese citizens. But to pass by the huge number of potential
At least, negotiations on this topic are already nearing completion, and after the approval of the Chinese government (and judging by the participation in the Baidu negotiations, the Chinese government will not be against it), a social network for the Chinese will begin to build up rapidly. So far, the launch date of the new resource is in question, but the probability of its occurrence is almost 100%. Negotiations between Facebook and Baidu have been going on for a long time - last year Zuckerberg flew to China to meet with Robin Li, Baidu.com CEO.
In principle, such a deal makes sense for both parties. On the part of Facebook, such a deal is advantageous because this company will be able to enter China, having started to work closely in this country - and indeed, with a successful approach, many millions of Chinese can become the audience of the new resource. For Baidu, a joint project with Facebook will also be very profitable - after all, the search service No. 1 in China has long been willing to become the social resource No. 1. And in China there are several social networks that work, and quite successfully.
Earlier in China, the once most popular social network MySpace tried to work in China, which was defeated both in China and in the world. Perhaps the new, combined resource created by the efforts of the Baidu and Facebook teams will be truly successful. Apparently, a cooperation agreement has not yet been signed, however, a project is clearly planned here, which is quite large even by the standards of China.
Via businessinsider