Exclusive: China would rather see TikTok U.S. close than a forced sale

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Exclusive: China would rather see TikTok U.S. close than a forced sale
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Beijing opposes a forced sale of TikTok's U.S. operations by its Chinese owner ByteDance, and would prefer to see the short video app shut down in the United States, three people with direct knowledge of the matter said on Friday.

Trump has given ByteDance a deadline of mid September to finalise a deal.

Two of the sources said China was willing to use revisions it made to a technology exports list on Aug. 28 to delay any deal reached by ByteDance, if it had to. Within these, ByteDance could still push ahead with a sale of TikTok’s U.S. assets without approval from China’s commerce ministry by selling them without key algorithms.

U.S. officials have criticised the app’s security and privacy, suggesting that user data might be shared with Beijing. TikTok has said it would not comply with any request to share user data with the Chinese authorities.

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