China called Trump’s demand to sell TikTok a political manipulation
The demand for the sale of the TikTok social network by the United States is a manifestation of political pressure and manipulation to prevent the activities of foreign enterprises operating on their territory.
This was stated on Tuesday, August 4, the official representative of the Chinese foreign Ministry, Wang Wenbin, during a briefing.
“Companies that conduct business in the United States in accordance with market principles and international rules comply with the laws and regulations in force in the United States. However, the American side puts pressure on them and uses political manipulation against them,” TASS quoted him as saying.
The representative of the foreign Ministry clarified that the United States “should not open a Pandora’s box “because in this case they will have to reap the benefits of their activities.
“We call on the American side to listen carefully to the voice of the international community and the population of their country, not to politicize economic issues, to ensure open, fair and non — discriminatory business conditions and to promote global economic development,” Wenbin concluded.
The day before, US President Donald trump announced a condition for the continuation of TikTok in the US. Microsoft Corporation or another American company must conclude a deal to acquire the TikTok division from the Chinese ByteDance by September 15, otherwise its work will be banned in the country.
According to The Wall Street Journal, trump will approve the purchase of the TikTok division in the country by an American company only if a significant portion of the funds from the deal goes to the budget.
“The US should get a very large share of the price, because thanks to us this [continuation of work] remains possible,”the American leader is quoted as saying.
The fact that trump can ban the work of TikTok on the territory of the States, it became known on July 31.
On the same day, it became known that Microsoft may buy a stake in TikTok from ByteDance.
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On July 23, the media reported that a number of American investors were interested in buying TikTok. At that time, American General Atlantic and Sequoia Capital were named as likely participants in the deal.
Previously, the US authorities allowed the possibility of banning the app on the territory of the country due to “threats to national security”.
Tick-Tok video hosting for creating short videos. It was launched in September 2016 for Chinese users and was called Douyin. In 2017, the company launched an international “copy”. According to recent estimates, Tik-Tok 800 800 million people. The social network is used in about 150 countries.