If Facebook reenters China, how will it compete!!!!!!!!!!!!

Rumors suggest Facebook will break back into China, but it's success there isn't guaranteed. These entrenched Chinese social networking sites have grown in Facebook's absence, and may give the western newcomer a run for its money.

Facebook has been blocked in China since 2009, when riots in the country’s Xinjiang region led to severe crackdowns on Internet use. Since then, statements from Chinese officials and Facebook CEO Mark Zuckerberg have hinted at the possibility of cooperation between the two, if a compromise between the nation’s overbearing censorship and Facebook’s “openness” can be reached.

Now it looks as though… something is going on. What exactly that may be is still up in the air, but numerous reports say Facebook is working with China to come up with a solution. According to Marbridge Consulting as well as a few blogs, a post on Sina Weibo from Hu Yan Ping, the founder of a Chinese market research firm claims that Facebook will be collaborating with Baidu to build an entirely new social networking site. Ping wrote, “Facebook really is about to enter China, the agreement is signed. A domestic website will work with Facebook to create a new site. This new site it not interlinked with Facebook.com. Will this live or die in China?”

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