It has too much influence for China to hold. Let’s be clear if an EU country held Bytedance this would not be an issue.
Really this is about not allowing China to do things and then not retaliating in kind. This is what China does to American companies and so no American company can really survive long term in China. It creates an imbalance and will eventually lead to China’s complete domination in most key industries. America is finally catching on.
Really this is about not allowing China to do things and then not retaliating in kind. This is what China does to American companies and so no American company can really survive long term in China. It creates an imbalance and will eventually lead to China’s complete domination in most key industries. America is finally catching on.