Business
China prefers TikTok US shutdown over Trump ban forced sale – Aljazeera.com
Chinese officials believe a forced sale will make both ByteDance and China appear weak, sources tell Reuters news.
Beijing opposes a forced sale of TikTok’s United States operations by its Chinese owner ByteDance, and would prefer to see the short video app shut down in the US, three people with direct knowledge of the matter told Reuters news agency on Friday.
ByteDance has been in talks to sell TikTok’s US business to potential buyers, including Microsoft and Oracle, since US President Donald Trump threatened last month to ban the service if it was not sold.
Trump has given ByteDance a deadline of mid-Se…
Continue Reading
