China has given a very strong indication yet it is determined to protect a which will keep TikTok in the US. The country had previously said it would ban forced sales of the program but said otherwise after President-elect Donald Trump indicated that TikTok between the likes of the US and China.
“When it comes to matters such as operating and acquiring businesses, we believe that they should choose their own companies according to market principles,” said China’s Ministry of Finance Spokesman Mao Ning. . “If it involves Chinese companies, Chinese laws and regulations must be followed.”
Mao also said that TikTok “has greatly contributed to the promotion of employment and use in the US” and said that the ministry hopes that “the US will wholeheartedly listen to the words of wisdom and provide an open, fair, fair and impartial business environment in the market. Organizations from all countries.”
On Sunday, a law went into effect banning TikTok in the US. A video sharing app . Users were unable to download it from app stores and even foreigners with US TikTok accounts were unable to access it.
The service was restored a few hours after Trump promised to sign an executive order on Monday, following its implementation, “extending the time limit before this order goes into effect, so that we can make an agreement to protect our national security. The order will also ensure that there will be no criminal charges against any company that helped to stop TikTok from being banned.” before I send it.”
According to The Wall Street Journal, TikTok is founder Zhang Yiming has an important link that could pave the way for TikTok’s US ownership to Elon Musk. He is said to have spoken to a Trump confidant at the end of 2024 when it appeared that the law would take effect. Zhang is said to have majority control over TikTok’s parent company through voting rights but currently holds no senior position at ByteDance.
2025-01-20 15:17:58
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