Are Chinese companies doing business in the U.S. facing a dead end?

About This Source - CGTN

This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

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  • TikTok has released an official statement claiming that it will take legal action if the company and its users are not treated fairly by the U.S. Administration.

    The Chinese app had a turbulent week after U.S. President Trump wanted to ban it over security concerns. Can it be banned? What’s the next move? Does this mean that Chinese companies doing business in the U.S. are facing a dead end?

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    TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.

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