The controversial push to force Chinese tech unicorn ByteDance to divest part or all of its smash-hit TikTok social media service to a U.S.-based company could be in doubt after a report today … (…
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China would rather see TikTok U.S. close than a forced sale – sources
Beijing opposes a forced sale of TikTok’s U.S. operations by its Chinese owner ByteDance, and would prefer to see the short video app shut down in the United States, three people with direct knowledge ……
China opposes a forced sale of TikTok’s US business by ByteDance, would rather see it shut: Report
ByteDance has been in talks to sell TikTok’s US business to potential buyers including Microsoft … However, Chinese officials believe a forced sale would make both ByteDance and China appear weak in … ( read…
China officials don’t agree with selling TikTok to a US business, would make China look weak
We’re closing in on the deadline of September 15, which is when the Trump Administration’s executive order will supposedly censor ban TikTok in the US due to unproven security concerns expressed by … ( read…
China may kill TikTok’s U.S. operations rather than see them sold
The controversial push to force Chinese tech unicorn ByteDance to divest part or all of its smash-hit TikTok social media service to a US-based company could be in doubt after a report today indicated ……
Luxury Brands Face a Different Economic Crisis — and China — From 2009
For luxury brands, China is no longer a market for dumping unpopular inventory or lazily opening new stores and hoping for the best. ( read original story …)
Is crypto mining really moving to North America?
Rumors that crypto mining is leaving China have been around since 2018. In August, Barry Silbert made a $100 million bet to make it happen. ( read original story …)
How Far Should the U.S. Go to Counter China?
How Far Should the U.S. Go to Counter China? How Far Should the U.S. Go to Counte… Emma Ashford: Hey, Matt, congrats on the start of the semester! Have they quarantined your entire class yet,…
China to stay as major manufacturing base in next 2-3 years
Manufacturers are leaving China amid intensifying trade disputes between Beijing and Washingtion, but the Asian giant will continue to dominate manufacturing operations in the next 2-3 years, … ( read original story …)
Chinese media, regulators try to chill startup euphoria ahead of Ant IPO
Chinese state media are stepping up warnings about a manic run-up in newly listed shares, seizing on a loss-making cattle breeder whose shares have surged 500% in less than two weeks. ( read original story…
Business hopes for a China reboot suffer blow
China’s top trade expo is unlikely to see Trade Minister Simon Birmingham attend because of travel restrictions. ( read original story …)
Trump’s first TikTok move: A China quagmire of his own making
When the president has faced off with China, he often ends up in a jam. And the solution to the TikTok stalemate isn’t clear. ( read original story …)
Disney’s ‘Mulan’ Disaster Highlights Dangers of China Deals
China, Disney’s last, best hope to turn the movie into a hit, silenced all coverage of the film on the mainland a couple of days before its release. All Disney’s pandering to Chinese authorities meant…
