Facebook sets up subsidiary in China, where it’s blocked

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Facebook sets up subsidiary in China, where it's blocked
FILE - In this May 1, 2018, file photo, Facebook CEO Mark Zuckerberg makes the keynote address at F8, Facebook's developer conference in San Jose, Calif. Remarks from Zuckerberg have sparked criticism from groups such as the Anti-Defamation League. Zuckerberg, who is Jewish, told Recode's Kara Swisher in an interview that although he finds Holocaust denial "deeply offensive," such content should not be banned from Facebook. (AP Photo/Marcio Jose Sanchez, File)

NEW YORK: Facebook is blocked in China but it’s still setting up a subsidiary in the world’s most populous country.

The company says it wants to set up an “innovation hub” in Zhejiang to support Chinese developers, innovators and startups. It has done the same elsewhere, including France, Brazil, South Korea and India. But it is not blocked in those countries.

Facebook said on Tuesday that the subsidiary will focus on training and workshops for developers and entrepreneurs.

According to The Washington Post, a filing published on China’s National Enterprise Credit Information Publicity System listed the company as Facebook Technology (Hangzhou) Co. The filing, which is no longer accessible, noted that the company is owned by Facebook Hong Kong Ltd. It has registered capital of $30 million.