Ricky RigatoniIt's only okay when MY favorite country does it.
fidodoThey’re technically not banning tiktok, they’re banning China from owning tiktok
UnderpantsWeevilThey’re functionally forcing the sale of the company to a US Firm at fire sale prices.
Yeah, you are right. They should do like they do in China, sell to a JV with a local company at fire sales price… Oh wait
sell to a JV with a local company at fire sales price
The Chinese policy is to share ownership with locals, so that a firm isn’t simply extracting wealth from the Chinese market.
The American policy is to seize a pre-existing firm after it has developed, by accusing its Singapore founder of being a secret Chinese Communist.