Archives of “Tik-Tok (Oz)” tag

rss

China will not approve current agreement to sell TikTok’s US operations – report

  
  Analysis
#  #  #  #  #  #

Global Times report

From the Global Times’ Hu Xijin:
Based on what I know, Beijing won’t approve current agreement between ByteDance, TikTok’s parent company, and Oracle, Walmart, because the agreement would endanger China’s national security, interests and dignity.
Hu is a mouthpiece for China so this is a strong hint. It was just starting to look like the US would approve it.
Beijing has decided that the US can pull the plug. They might be angling to punish US companies in response.

Japan ruling party lawmaker says unlikely to propose ban or restriction on TikTok

  
  Analysis
#  #  #  #

Comments by Japan ruling party lawmaker Nakayama

But says that a change of ownership of TikTok’s Japan operations is one possible way to address concerns over the app and whether or not it is safe to use.
A coordinated move by US and its allies against Chinese firms could draw further ire from China and that may see tensions escalate i.e. impact the risk mood. For now at least, it is still mostly the Trump administration coming down hard on TikTok and ByteDance.

China reaffirms that US’ TikTok ban has nothing to do with national security

  
  Analysis
#  #  #  #  #  #  #  #  #  #

Comments by the Chinese foreign ministry

US China
  • Beijing has been ‘consistent’ on trade deal
  • Declines to comment on further trade specifics
  • Says position on US sanctions is clear and consistent
  • Says US sanctions are irrational, groundless
  • Reiterates opposition towards ties between US and Taiwan
There’s nothing really new here as this has been China’s stance all along but it does reaffirm expectations that both sides have a lot more than just the Phase One trade deal to discuss if they were to meet later this week.

China’s Global Times says “New cold war will not stop US decline”

  
  Analysis
#  #  #  #  #  #  #

An opinion piece in state news organ Global Times

  • What is deeply worrying is the unpredictability, volatility and desperation of Trump. Driven by his fear of losing the presidential election in November, Trump sees nothing is off the table as far as he is concerned. Anything is possible. 
Of course, there is plenty more, link here
Over the weekend Pompeo spoke of further action against Chinese firms:
  • US to widen action against Chinese tech groups beyond TikTok

An opinion piece in state news organ Global TimesI think I am going to have find a cartoon of Xi and Trump engaged in a more violent sport rather than this tame effort.

Go to top