Facebook (FB) Boosts China Efforts With A New Appointment
Zacks Investment Research | Sep 10, 2017 10:11PM ET
Per The Wall Street Journal, Facebook Inc (NASDAQ:FB) has appointed an ex Chinese official William Shuai to a newly created post to bolster its China efforts. Shuai will work with Facebook’s chief representative of China, Wang-Li Moser.
Shuai has worked with Microsoft’s (NASDAQ:MSFT) LinkedIn (NYSE:LNKD) where he acted as a government relations executive for its China operations. Quoting a source familiar with the matter, WSJ stated that Shuai played a pivotal role in LinkedIn’s “sevenfold growth since 2014 to a member base of more than 30 million” in the region. Prior to his stint at LinkedIn, he was Baidu’s (NASDAQ:BIDU) government relations executive and prior to that he worked with China’s National Development and Reform Commission, adds WSJ.
Shuai’s extensive experience in dealing with the Chinese government should come in handy for Facebook, which, for long, has been trying to break the China Wall but to no avail.
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