Facebook has opened a subsidiary in mainland China, records show, a long-awaited step for the social networking giant and its Mandarin-speaking founder Mark Zuckerberg. The company, called Lianshu Science & Technology (Hangzhou), was established on July 18 with US$30 million of registered capital, according to China’s corporate record database. Lianshu literally means “face” and “book”. Facebook’s Hong … Continue reading Facebook sets up US$30m subsidiary in mainland China