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Four years ago, Mark Zuckerberg approached Xi Jinping at a White House dinner and asked if the Chinese president would honor him and his wife, Priscilla, by giving their soon-to-be-born child an honorary Chinese name. Xi declined, but Facebook still continued trying to break into China’s heavily restricted, but potentially very lucrative, internet market. The next year, Zuckerberg was famously pictured jogging across Tiananmen Square in heavy smog. Facebook was even reportedly building a censored version of the platform to operate in China in 2016, and the company set up...