Chinese Facebook sends request for capital

The IPO of Renren.com, the largest social networking site in China, offers investors the opportunity to buy into the world's most populous internet market, where social networks are highly regarded.
March 03, 2011

Social networking is not a new phenomenon in China. Guanxi, or social connections, have long been at the heart of the country’s complex social order and are considered important in every realm of Chinese society, from the rarefied heights of officialdom to everyday street life.

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