in any sale of video app TikTok, but advisers to Chinese and foreign firms say the potential consequences go much further.
The revisions could also affect a bevy of multi-national companies that conduct research and development inside China, adds Nicolas Bahmanyar, cybersecurity senior consultant at LEAF law firm in Beijing."It's very probable that a company with R&D centres in China are going to face a choice – keep their R&D centre in China, just for China, or leave China so they can use the tech they develop anywhere in the world," he said.
A Tencent source, which has a slew of overseas subsidiaries and invested companies, said the company was waiting for clarification on what the rules would mean for technology-sharing with these units.
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