Loading the player…
On Saturday, in response to a looming ban on U.S. downloads of the Chinese owned apps, TikTok and WeChat, China issued new regulations for its “unreliable entity” list, targeting foreign companies that endanger their national security.
According to the New York Post, any company that ends up on the list could be banned from importing or exporting from China, and may also be barred from investing in the country. Additional measures include imposing fines and entry restrictions on foreign employees coming into China and revoking their work permits.
The news came a day after the U.S. said it would ban TikTok and WeChat from U.S. app stores on Sunday. The order will not affect existing customers of either platform, but will prevent them from receiving updates. A fire-sale deal that would allow Microsoft to assume control of U.S., Australia, Canada, and New Zealand operations recently fell through.
President Donald Trump has pressured parent company, ByteDance to sell TikTok’s U.S. operations to a domestic company, and China’s Ministry of Commerce urged the U.S. to stop what it called bullying behavior and wrongdoing.
ByteDance filed an 11th-hour motion in a Washington federal court to attempt to stay the looming ban. China’s Ministry of Commerce has also warned that they would “take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese companies.”
With approximately 100 million users, TikTok is highly popular in the U.S., which has caused concern among intelligence officials and the Trump administration over the possibility of the Chinese government gaining access to user data.
Have you subscribed to theGrio’s podcast “Dear Culture”? Download our newest episodes now!
Loading the player…
Published at Sat, 19 Sep 2020 17:28:31 +0000
more recommended stories
Lena Waithe and Elle Lorraine speak on starring in hair-raising horror flick ‘Bad Hair’
Lena Waithe and Elle Lorraine speak.
Cory Booker Slams ‘Racist’ House GOP Candidate Madison Cawthorn
Cory Booker Slams ‘Racist’ House GOP.
‘Lovecraft Country’ star Michael K. Williams dances to house in viral video
‘Lovecraft Country’ star Michael K. Williams.
In 2020, Self-Care Is Becoming A More Radical Act
In 2020, Self-Care Is Becoming A.
Kentucky governor wants AG to release ‘everything’ in Breonna Taylor case
Kentucky governor wants AG to release.
Tiffany Pollard to appear on ‘I Love New York’ reunion show
Tiffany Pollard to appear on ‘I.
Houston officer killed two weeks before retirement
Houston officer killed two weeks before.
‘The Daily Show’ Begins Counting Down 100 Of Donald Trump’s Most Tremendous Scandals
‘The Daily Show’ Begins Counting Down.
Trump Utters More Racist Remarks During Final Presidential Debate
Trump Utters More Racist Remarks During.
Moderator Kristen Welker Won The Presidential Debate
Moderator Kristen Welker Won The Presidential.