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Chinese media cries foul at Trump's stance on TikTok deal

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Beijing | Tuesday, 2020 10:15:06 PM IST
After TikTok's fate again became uncertain as US President Donald Trump toughened his stance, Chinese state media has said that the new threats will unlikely go unchecked.

Just a couple of days after saying that he approved TikTok's deal with Walmart and Oracle "in concept," Trump in an interview with Fox News said that if Oracle and Walmart "find they don't have total control, then we're not going to approve the deal."

His comments came after ByteDance insisted that it would retain a controlling stake in the new US-based company in partnership with Oracle and Walmart, called TikTok Global.

Chinese state-backed Global Times in a report on Monday said that "Trump's new threats will unlikely go unchecked in China".

The TikTok deal in the US got complicated after China updated its list of technologies subject to an export ban as the new list includes technologies used by TikTok's Chinese owner ByteDance.

Chinese officials said that the TkTok deal cannot be completed without their approval.

In an editorial on the same day, the Global Times said that the way the US has handled the TikTok deal shows "Washington's bullying style and hooligan logic."

"ByteDance is an ordinary company in China. The US suppresses it with all its national strength and forces it to sign a deal under coercion. China, also a major country, will not yield to US intimidation and will not accept an unequal treaty that targets Chinese companies," said the Global Times which accused the US of taking discriminatory action to squeeze TikTok.

--IANS gb/bg

( 269 Words)

2020-09-22-16:13:09 (IANS)

 
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