China will not accept U.S. 'theft' of TikTok: China Daily

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China will not accept U.S. 'theft' of TikTok: China Daily
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China will not accept the 'theft' of a Chinese technology company and is able to respond to Washington's move to push ByteDance to sell short-video app TikTok's U.S. operations to Microsoft, the China Daily newspaper said on Tuesday.

FILE PHOTO: Tik Tok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. REUTERS/Dado Ruvic/Illustration/File Photo

The United States’ “bullying” of Chinese tech companies was a consequence of Washington’s zero-sum vision of “American first” and left China no choice but “submission or mortal combat in the tech realm”, the state-backed paper said in an editorial. Microsoft Corp said on Monday it was in talks with ByteDance to buy parts of TikTok after U.S. President Donald Trump reversed course on a plan to ban the app on national security grounds and gave the firms 45 days to strike a deal.

The Global Times newspaper, which is also government-backed, said U.S. treatment of ByteDance and Huawei Technologies [HWT.UL], now on a U.S. trade blacklist, was indicative of U.S. efforts to separate its economy from China’s.

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