BEI­JING WARNS AGAINST ‘THEFT’ OF TIKTOK IN US

Hindustan Times (Gurugram) - - Htworld -

BEI­JING:The Chi­nese gov­ern­ment won’t ac­cept an ac­qui­si­tion of TikTok’s US op­er­a­tions by Mi­crosoft Corp and may take ac­tion against Wash­ing­ton if a sale is forced, Bei­jing-backed China Daily news­pa­per said in an ed­i­to­rial. It’s China’s strong­est de­fence so far of ByteDance and its vi­ral video phe­nom, which US Pres­i­dent Don­ald Trump threat­ened to ban un­less a deal is struck by Septem­ber 15 to sell TikTok’s US busi­ness to Mi­crosoft or an­other US en­tity.

That process is tan­ta­mount to of­fi­cially sanc­tioned theft, the Com­mu­nist Party mouth­piece wrote on Tues­day, echo­ing prom­i­nent Bei­jing-backed me­dia out­lets such as Global Times. “China will by no means ac­cept the ‘theft’ of a Chi­nese tech­nol­ogy com­pany, and it has plenty of ways to re­spond if the ad­min­is­tra­tion car­ries out its planned smash and grab,” it said, with­out spec­i­fy­ing op­tions. “With com­pet­i­tive­ness now de­pen­dent on the abil­ity to col­lect and use data, it offers an ei­ther-or choice of sub­mis­sion or mor­tal com­bat in the tech realm.”

ByteDance be­came the world’s largest startup thanks to the suc­cess TikTok, which US law­mak­ers ac­cuse of pos­ing a na­tional se­cu­rity threat.

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