this post was submitted on 20 Jan 2025
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China suggests it’s open to a US deal for TikTok after all (www.engadget.com)
submitted 2 weeks ago by cm0002 to c/technology
6 comments fedilink hide all child comments
 

China has provided the strongest indication yet that it’s willing to secure a deal that will keep TikTok up and running in the US. The country previously claimed it would block any forced sale of the app but said something different after President-elect Donald Trump indicated he’d be open to 50-50 joint ownership of TikTok between US and Chinese interests.

“When it comes to actions such as the operation and acquisition of businesses, we believe they should be independently decided by companies in accordance with market principles,” Chinese Foreign Ministry spokesperson Mao Ning said at a press conference. “If it involves Chinese companies, China’s laws and regulations should be observed.”

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[–] K1nsey6 15 points 2 weeks ago (1 children)

No one ever claimed it wasn't Chinese. Bytedance is Chinese, Tiktok, owned by Bytedance, is headquartered out of Singapore.

[–] HorreC 9 points 2 weeks ago (2 children)

the title of the article says "CHINA suggests it's open to a US deal for TikTok after all" meaning that when ByteDance went in front of the US lawmakers and said "we are not in china, nor a chineese company" that some part of that must be false as now CHINA is saying that they are open to it.

[–] K1nsey6 6 points 2 weeks ago

When it comes to actions such as the operation and acquisition of businesses, we believe they should be independently decided by companies in accordance with market principles,” Chinese Foreign Ministry spokesperson Mao Ning said at a press conference. “If it involves Chinese companies, China’s laws and regulations should be observed

[–] pycorax 4 points 2 weeks ago

It's always been a lie. Hiring a Singaporean CEO doesn't make you not a China company. It would've been hilarious and not sad if so many people didn't fall for such a simple trick.