The Manila Times

China’s Xi meets Zuckerberg, Cook

- AFP

BEIJING: Apple’s Tim Cook and Facebook’s Mark Zuckerberg met Chinese President Xi Jinping in Beijing, state media said Tuesday, as the Communist Party pushes for

The meeting came days after Xi secured his position as China’s most powerful leader since Mao and as Facebook seeks to gain entry to the massive market

- tributor to economic globalizat­ion, China’s developmen­t is the opportunit­y for the world,” Xi told the annual gathering of advisers to Tsinghua University’s School of Economics and Management,

Under Xi, the Communist Party has increasing­ly tightened its grip on state-owned companies and

The move has raised concerns that the party may try to create alternativ­e power structures within companies and potentiall­y exercise control over management decisions, as it has in the case of

Of the more than one hundred thousand foreign- funded companies in China, 70 percent had set up party organizati­ons by the end of 2016, according to Qi Yu, deputy head of the party’s Organi

Foreign companies regularly complain about the lack of access to Chinese markets and Zuckerberg in particular has made a big show of courting the country’s top leadership in hopes of convincing Beijing to relax its

The Silicon Valley entreprene­ur has been photograph­ed with a collection of Xi’s writings and happily jogging across Tiananmen Square in choking pol

The company has recently begun staffing up on the mainland, but appears to have made little progress in convincing Beijing to change its mind, a prospect that seems even less likely as the country tightens

Tsinghua University’s business school has attracted a bevy of A- list advisers from the worlds of tech and finance, including Blackstone’s Stephen Schwarzman, Goldman Sachs’ Lloyd Blankfein, and Tesla’s Elon Musk, as well as China’s own leading entreprene­urs,

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