[peacefulhat]

There's a Reuters article that claims the Chinese government prefers TikTok close US operations like in India than go through with a forced sale and asset transfer, and they're willing to use heavy-handed policy to make Bytedance do what they want. Makes sense. Acquisitions should not be made under the barrel of a gun from the US government. It will be very harmful to the Chinese economy if more companies are required to spinoff US operations.

[newen]

Yeah, it's like US companies buying UK companies and then massively profiting off them. Why should China subsidize startup costs for a company and then sell it so the US can make massive profits off it? It doesn't seem to be in their interests.

[Rapzid]

So why haven't they closed down?