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MIZUHO: Here's why Facebook has 'a realistic opportunity' to enter China in 2018
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MIZUHO: Here's why Facebook has 'a realistic opportunity' to enter China in 2018
Facebook has a 'realistic opportunity' to enter China in 2018, Mizuho analyst James Lee wrote in a note to clients on Tuesday. Lee came to the conclusion after meeting 'various industry contacts' in China during a recent trip. Facebook's recent appointment of an executive to manage relations with China will help the company 'understand the regulatory requirement and negotiate Facebook's operating structure in China,' said Lee in the note, a copy of which was obtained by Business Insider.
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