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CEO of Facebook Mark Zuckerberg and chief of Xiaomi Lei Jun commented on a possible investment by the social giant in China’s top smartphone maker in the amount of 1 billion. US dollars, reports news agency Reuters, citing sources familiar with.

The investment is discussed in a private dinner in Beijing, held in October.

There is currently no further information on possible investment, but it underlines the increasing interest of US technology giants to China. Although social networking site Facebook is banned in China, Zuckerberg has not abandoned its ambitions to expand in the most populous country in the world, says Investor.

“Facebook wants to enter China, and Xiaomi wants to expand outwards, so that both companies realize the importance of this partnership,” said an unnamed but familiar source said.

Both companies declined to comment on the topic.

https://i2.wp.com/szlifestyle.com/sz/wp-content/uploads/2015/01/sz_facebook_xiaomi.jpg?fit=640%2C432https://i2.wp.com/szlifestyle.com/sz/wp-content/uploads/2015/01/sz_facebook_xiaomi.jpg?resize=150%2C150Richard D.TECH NEWSfacebook,xiaomiCEO of Facebook Mark Zuckerberg and chief of Xiaomi Lei Jun commented on a possible investment by the social giant in China's top smartphone maker in the amount of 1 billion. US dollars, reports news agency Reuters, citing sources familiar with. The investment is discussed in a private dinner in...