Facebook and Beijing

[Commentary] Can information companies participate in China’s huge market without selling their souls to the Communist Party? Facebook is the latest American tech firm to face this question, and critics are blaming the company for taking down a post about self-immolation by a Tibetan monk. The issue deserves more than easy condemnation. If Facebook wants to try to do business in China without internalizing the censorship regime, then more power to it. The potential reward to shareholders and Chinese customers are considerable, but so are the risks to its brand and reputation.