A look into how Facebook earns money in China, even though its platform is banned from operating in the country.
Facebook’s website has been blocked for over a decade in China, while its CEO Mark Zuckerberg has gone from would-be friend of Beijing to one of its leading critics in Silicon Valley. Even so, the social media giant has discovered a highly lucrative way to make money from Chinese advertisers.
Facebook now generates more than $5 billion a year in revenue from China, according to an estimate from Brian Wieser, an analyst at equity research firm Pivotal Research — all with apparent Chinese g
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When Joe Biden took office, many of his supporters thought the first order of business would be unwinding Donald Trump's trade war with China. But his trade czar, Katherine Tai, has been largely MIA, a stark contrast to her predecessor, the fiery and ubiquitous Robert Lighthizer. So what has Tai been up to?
The academic tells us why it's important to understand the Chinese leader's political beliefs and where they come from — as well as their shortcomings.
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