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Beijing Says Any TikTok Sale Should Abide by Chinese Law

January 20, 2025 at 6:20 pm Staff
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Beijing said on Monday that any acquisition of TikTok should be done according to “China’s laws and regulations” after U.S. President-elect Donald Trump proposed a joint venture model to keep the app running in the United States. TikTok went dark for hours on Sunday as a ban on the app took effect. The social media app was banned from the United States because its parent company, China-based ByteDance Ltd., is subject to the control of the Chinese communist regime, a foreign adversary of the United States, and had not divested from California-based TikTok Inc. before the deadline. However, TikTok restored service later on Sunday, saying that a statement from then-President-elect Trump calling for companies to save the app had provided “the necessary clarity and assurance” that the company could continue to operate….

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