China is making efforts to grab a $1.2 billion stake in Facebook which would give it a significant role in the largest social networking service in the world. And that may be concerning.

The report was published by Business Insider who says that Citibank is trying to acquire up to $1.2 billion of Facebook stock for two sovereign wealth funds, one from the Middle East and the other Chinese. However, it would not give China much power taking into consideration Facebook’s future $100 billion IPO. Besides, shareholders would have nonvoting stocks with no right to look inside the work of the company.

However, Forbes says "there are other reasons to be concerned." Forbes argues that "Chinese leaders clearly view social media as a threat to their rule, especially after seeing its force-multiplying effect in the ongoing Arab Spring protests that have topped governments.