Header Ads

Breaking News

TikTok owner says it will abide by new Chinese export rules

The owner of popular video app TikTok said Sunday it will “strictly abide” by China’s new export rules, which could potentially complicate a sale of the business as demanded by US President Donald Trump.

TikTok has been at the center of a diplomatic storm between Washington and Beijing, and Trump signed an executive order on August 6 giving Americans 45 days to stop doing business with TikTok’s Chinese parent company ByteDance — effectively setting a deadline for a sale of the app to a US company.

Photo: Solen Feyissa via Flickr.

But China’s commerce ministry published new rules on Friday that added “civilian use” to a list of technologies that are restricted for export.

Source link

No comments