Twitter CEO Costolo to make first China visit
Published on Mar 17, 2014 12:08 PM
SAN FRANCISCO (REUTERS) - Twitter Inc CEO Dick Costolo will meet Shanghai government officials, academics and students in his first visit to China, signaling Twitter's interest in cracking a lucrative but thorny market with 600 million Internet users.
Twitter, which has been blocked by Chinese censors since 2009, described the trip as a personal tour for Costolo, who is due to land at Shanghai's Pudong International Airport on Monday and plans to spend three days in the business capital. He is not scheduled to visit Beijing.
Mr Costolo is scheduled to meet Shanghai government officials - including representatives of the Shanghai Pilot Free Trade Zone, established in 2013 to test market liberalization measures, such as looser rules governing currency conversion and foreign direct investment. But officials have denied media reports that Internet restrictions and censorship, including the blocking of Twitter, will be loosened there.
Unlike at Facebook Inc, whose CEO Mark Zuckerberg is a frequent visitor to China and has openly spoken of his desire to enter China to fulfill his vision of connecting the world, Twitter's senior management has played down the likelihood of seeking a license to do business there.
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