China prefers TikTok US shutdown over sale for fears of seeming 'weak' - Business Insider

Reuters/Florence Lo

Sources told Reuters that China would prefer a total shutdown of TikTok's US operations rather than see it sold. Chinese officials are reportedly worried they would "appear weak in the face of pressure" by acquiescing to Trump's forced sale.Visit Business Insider's homepage for more storiesBeijing opposes a forced sale of TikTok's U.S.

Two of the sources said China was willing to use revisions it made to a technology exports list on Aug. 28 to delay any deal reached by ByteDance, if it had to. Within these, ByteDance could still push ahead with a sale of TikTok's U.S. assets without approval from China's commerce ministry by selling them without key algorithms.

U.S. officials have criticised the app's security and privacy, suggesting that user data might be shared with Beijing. TikTok has said it would not comply with any request to share user data with the Chinese authorities.

Just shut it down in US.

Perfect. Then shut that shit off

CCP have something more important to hide than gain American billion dollars in TikTok.

That’s easy ,just do some covert deals,and claims its shutdown publicly ,everyone is happy

Good.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

We went inside a West Bank factory to see how people make soap out of olive oil - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

TikTok parent company and US continue to explore options as Trump’s ban date approachesByteDance continues talks with the U.S. government in an attempt to reach a deal that will let TikTok continue operating in the U.S. – but the deadline is quickly drawing near. Crypto trusted site secured Stable on the crypto currency market 14years of swifty experience 🌟🌎🌐🖥️🌎💻🌐📱🌎🔥🌠 With no stress at in your withdrawal get your wallet and sign up instantly payout WhatsApp Support: Watch this if you are losing hope ... Please subscribe if you find it interesting
Source: USATODAY - 🏆 100. / 63 Read more »

US stocks climb as investors weigh extended tech rally against weak jobless claims data - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »