What leverage does China have here to enforce this? Meta doesn't do business in China. Can't they just give them the middle finger?
https://www.metacareers.com/v2/locations/shanghai/?p[offices...
https://www.metacareers.com/v2/locations/hongkong/?p[offices...
I also assume, like most advertising platforms, they cater heavily to the China export market.
From your link it looks like they might do R&D for Oculus in China (but may not even be able to sell it there due to the data-collection tie in required).
Not sure what you mean by catering to the export market. b2b sales would be just as restricted as sales to consumers.
They're not. A significant part of ad spend by the likes of Temu, AliExpress, Shein and other Chinese exporters are on Meta's platforms: e.g. https://www.cnbc.com/2024/01/31/metas-continued-rally-could-...