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14-03-11, 11:40 AM
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Chinese Social Network causing a stir!
Great story from Businessweek:
Since 2009, China has blocked Facebook, the world's largest online social media network. This year, Renren, one of China's largest social networks, plans to raise $500 million on the New York Stock Exchange. So a Chinese social network can tap U.S. capital markets, but American social networks can't tap Chinese consumer markets. Does that sound fair? China's Facebook Syndrome - BusinessWeek So online and offline trade still aren't seen as equals!
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