China Refuses to Accept 'Theft' of TikTok if US Acquisition Goes Ahead

MacRumors

macrumors bot
Original poster
Apr 12, 2001
49,578
10,887


Yesterday we reported on Microsoft's accelerated efforts to purchase TikTok in the United States before President Trump follows through on a threat to ban the Chinese-owned app in the country.


On Tuesday, Reuters reported that China's ruling Communist Party blasted those efforts via an editorial in the China Daily newspaper, saying it will not accept the "theft" of a Chinese tech company and is ready to respond if needed.
The United States' "bullying" of Chinese tech companies was a consequence of Washington's zero-sum vision of "American first" and left China no choice but "submission or mortal combat in the tech realm," the state-backed paper said in an editorial.

China had "plenty of ways to respond if the administration carries out its planned smash and grab," it added.
There is increasing concern among observers that Apple would become the likely focus of any countermeasures by China. Apple journalist John Gruber notes that with Google and Facebook already banned in China, Apple would be the obvious tit-for-tat target.

The Global Times, which is another Chinese government mouthpiece, reported in May that China could put Apple on an "unreliable entity list" alongside other U.S. companies, in a series of punitive countermeasures the country was prepared to take against U.S. moves to block Taiwan-based TSMC from selling chips to Huawei for its phones.

According to comments made last year by a Chinese ministry of commerce official, once a company is added to China's "unreliable entity list" it would face necessary legal and administrative measures and the Chinese public would also be warned against dealing with it to reduce risks.

In its latest editorial, however, The Global Times took a less threatening tone and said that U.S. treatment of ByteDance and Huawei was indicative of U.S. efforts to separate its economy from China's.

The paper said China had "limited ability" to give the Chinese companies protection by retaliating against U.S. companies because the United States had technological superiority and influence with its allies. Instead, it suggested that China's opening-up to the outside world and ending its strategy of decoupling with the U.S. should be priorities.

On Monday evening, President Trump reiterated that TikTok must sell off its U.S. operations in 45 days and that the deal must include a substantial payment to the U.S. government, otherwise the app would be banned.
"I don't mind whether it's Microsoft or someone else, a big company, a secure company, a very American company buys it," said Trump, according to Bloomberg.

"It'll close down on 15 September unless Microsoft or somebody else is able to buy it and work out a deal, an appropriate deal, so the Treasury of the United States gets a lot of money," he added.
Trump stopped short of explaining how the federal government had the authority to demand a cut of a transaction between two companies neither of which it has a stake in. It also remains unclear how a ban of TikTok would be enforced.

Note: Due to the political or social nature of the discussion regarding this topic, the discussion thread is located in our Political News forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Article Link: China Refuses to Accept 'Theft' of TikTok if US Acquisition Goes Ahead
 
  • Haha
Reactions: Vanilla35

jhowarth

macrumors 65816
Jan 13, 2017
1,071
1,437
Then let the Chinese Communist Party explain why the US should have ever passively accepted their ban on Twitter and Facebook within China. Long past time to complete the decoupling and reorient our supply chains towards India and elsewhere in Southeast Asia.
 

Onelifenofear

macrumors 6502
Feb 20, 2019
290
456
London
Then let the Chinese Communist Party explain why the US should have ever passively accepted their ban on Twitter and Facebook within China. Long past time to complete the decoupling and reorient our supply chains towards India and elsewhere in Southeast Asia.

Or make it feasible to make this stuff in the USA

Tooling companies - China could fill 4 football stadiums with Tooling people - USAs would fit in In an Apple store.
Education geared towards this goal
Tax free zones like Delaware.
Regenrate areas - pursade people to move to these areas With cheap housing / tax breaks.
 

BaltimoreMediaBlog

macrumors 6502a
Jul 30, 2015
927
1,606
DC / Baltimore / Northeast
Poor Microsoft. They just want in on the social media game and now it's become this ridiculous chest thumping match between Trump and China.
I'll Correct your mistake, not Trump and China, more like China and all of America if not the world. After all, they did give us the world's crisis of a lifetime, the pandemic and the Chinese Communist Party is hardly apologetic about it either.
 

BaltimoreMediaBlog

macrumors 6502a
Jul 30, 2015
927
1,606
DC / Baltimore / Northeast
it doesnt matter if stupid trump can't find a legal justification for taking a cut.
better to try to get legal experts to advise us if this has been done before.

but also notice how quickly toadie microsoft agreed to give the USA treasury money in order to make a grab.
use the trump ******** to make an illegal acquisition.

this sounds illegal and corrupt in the extreme. america is surely turning into a 3rd world gun boat "democracy". fast.
It just boggles my mind how some people do not even think China is the greatest threat to the world and freedom in general. You would think Hong Kong would have been a sufficient warning sign, but nope, I guess the world is mostly full of stupid people.
 

yaxomoxay

macrumors demi-god
Mar 3, 2010
4,722
28,489
Texas
Wow, the orange buffoon is really throwing his toys out of the pram over that Tulsa Rally.
it’s actually bipartisan.
from February:


From yesterday:
 

iReality85

macrumors 65816
Apr 29, 2008
1,006
2,143
Upstate NY
China's response all but confirms that Tik Tok's data does get sent back to China via ByteDance. That, and Chinese law requires it.

Requiring companies to divest of certain business units happens all the time, especially for foreign companies. China just doesn't want to lose access to all that data from a hugely popular app.

I still dont understand why Vine was abandoned. TikTok is a result of vine. it was so popular and then it was like ehhh we're out. Even youtube videos are titled accordingly. "tiktoks that hit as hard as vines!"
You can thank Twitter for letting it rot on the vine, pun intended.
 

niji

Contributor
Feb 9, 2003
1,847
1,975
hokkaido
it’s actually bipartisan.
from February:


From yesterday:

schumer did not do what you are misleading people.

schumer objects to the TSA using Tiktok.

quote from yr link
Schumer said: "Given the widely reported threats, the already-in-place agency bans, and the existing concerns posed by TikTok, the feds cannot continue to allow the TSA's use of the platform to fly.
 

psingh01

macrumors 65816
Apr 19, 2004
1,479
484
it doesnt matter if stupid trump can't find a legal justification for taking a cut.
better to try to get legal experts to advise us if this has been done before.

but also notice how quickly toadie microsoft agreed to give the USA treasury money in order to make a grab.
use the trump rationale to make an illegal acquisition.

this sounds illegal and corrupt in the extreme. america is surely turning into a 3rd world gun boat "democracy". fast.

yeah sure. of course the equivalent of NATIONALIZING a video clip platform is legal. 🙄
what is illegal about one company buying another?
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.