Economy

Facebook CEO visits China again, meets students

Facebook CEO visits China again, meets students”

"China's opening up is not a zero-sum game but win-win cooperation", Xi said. Specifically, Xi had in his mind Donald Trump, whose administration refused on Monday to qualify China as a market economy, taking to scold America's second-biggest trading partner days before the USA president is due for his first visit to China since taking office.

Xi said he is looking forward to receiving U.S. President Donald Trump in Beijing early next month.

"China is willing to work with the USA, to take a long-term perspective, care for each other's mutual interests, and appropriately handle disagreements and contradictions", Xi said. "We have an optimistic attitude toward the prospects for China-US relations", he said.

One way Facebook has considered getting back into China is by creating its own censorship tool that would automatically suppress certain posts in specific geographic areas, The New York Times reported past year. Wang Qishan, who stepped down last week as China's anti-corruption tsar, is an honorary member of the board.

Other prominent personalities, including Jack Ma (Alibaba), Pony Ma (Tencent), Robin Li (Baidu) and Elon Musk (Tesla) were also a part of the body of advisers.

The Facebook CEO posted a photo of him visiting with Chinese students at the Tsinghua School of Economics and Management in Beijing on Saturday, more than one year after his last public trip to the country.

As the world's largest concentration of internet users, China is an attractive but challenging region for American tech companies like Facebook to break into.

A Facebook Inc. spokeswoman declined to discuss Mr. Zuckerberg's visit, which comes after a recent series of actions possibly indicating renewed efforts to re-enter the Chinese market, where the company's main platform has been blocked since 2009.

Xi said the 19th Communist Party of China (CPC) National Congress is of great significance, and has enhanced China's confidence on the path of socialism with Chinese characteristics.

The Chinese president was ambiguous in response, citing a proverb that can be translated into "goodwill remains even if a deal is not done", that could as easily apply to Sino-US trade, as with Facebook's application to roll out its full service in China.



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