U.S. social media giant Facebook’s move to set up a subsidiary in Hangzhou was apparently curtailed within a day of the news was made public, according to a media report. Facebook had quietly filed paperwork to build a startup incubator in Hangzhou and obtained a license from the local provincial government. But a day later, the registration disappeared from a national business registration database and references to the subsidiary were partly censored in Chinese media. The approval has been withdrawn, …

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