Foreign Internet Companies to Enter China in Accordance to Chinese Law and Regulations
China might be blocking access to Facebook, but it doesn’t mean that the popular social networking media can’t penetrate the country as long as the website learns to follow certain rules. The director for the State Internet Information Office stated before that Facebook will never be allowed in China but recently stated the these rumors were not true.
A week prior to the statement Facebook CEO Mark Zuckerberg was in China where he was a guest speaker gave his speech entirely in Mandarin, which stunned a majority of Chinese Internet users and gave off the speculation that one of these days the site might arrive in China.
According to the office that regulates the internet in China said that foreign Internet companies that enter China must be at the base level and in accordance to Chinese laws and regulations. Meaning that an internet company must not do damage to the national interest of the country and should not hurt the benefits of Chinese consumers. If these Chinese laws and regulations are respected, then all foreign internet companies are welcome to enter the Chinese market.
Zuckerberg visited China around four times and met with the country popular tech companies such as Baidu and handset makers Xiaomi. Although the U.S. social networking company made no mention in entering the Chinese market anytime soon. China is also planning to prepare a government backed global internet conference in which companies in China and foreign markets will be invited to attend.