4 ms·

What leverage does China have here to enforce this? Meta doesn't do business in China. Can't they just give them the middle finger?

• umeshunni 6mo ago
  Meta absolutely does business in China. e.g. https://www.metacareers.com/v2/locations/shenzhen/?p[offices][0]=Shenzhen%2C%20China&offices[0]=Shenzhen%2C%20China https://www.metacareers.com/v2/locations/shenzhen/?p[offices... https://www.metacareers.com/v2/locations/shanghai/?p[offices][0]=Shanghai%2C%20China&offices[0]=Shanghai%2C%20China https://www.metacareers.com/v2/locations/shanghai/?p[offices... https://www.metacareers.com/v2/locations/hongkong/?p[offices][0]=Hong%20Kong&offices[0]=Hong%20Kong https://www.metacareers.com/v2/locations/hongkong/?p[offices... I also assume, like most advertising platforms, they cater heavily to the China export market.
  • dublinstats 6mo ago
    I don't think their social networks are allowed in China. From your link it looks like they might do R&D for Oculus in China (but may not even be able to sell it there due to the data-collection tie in required). Not sure what you mean by catering to the export market. b2b sales would be just as restricted as sales to consumers.
    • umeshunni 6mo ago
      > b2b sales would be just as restricted as sales to consumers. They're not. A significant part of ad spend by the likes of Temu, AliExpress, Shein and other Chinese exporters are on Meta's platforms: e.g. https://www.cnbc.com/2024/01/31/metas-continued-rally-could-hinge-on-fortunes-of-temu-and-shein.html https://www.cnbc.com/2024/01/31/metas-continued-rally-could-...
• ls612 6mo ago
  [flagged]