VietTimes – Two major Chinese newspapers have used rather heavy words to talk about US President Donald Trump’s move.
The Global Times published an article titled, “The US thief TikTok angered Chinese tech companies.”
The article says that Chinese technology companies are currently very annoyed by the Trump administration, and they are considering to take the initiative. The author of the article said that TikTok was in “a mid-day robbery”.
The article also cites information that President Trump issued hours earlier when he set a deadline of 45 days for TikTok to sell its operations in the US to an American company, most likely Microsoft.
“By setting a deadline for a deal, Trump turned this deal into a sell-off, putting pressure on ByteDance to abandon its business interests and intellectual property, to come up with it. a high discount for the US “; excerpts from the Global Times article.
The article also quoted Zhou Shijian, a senior researcher at the China-US Relations Center at Tsinghua University, saying that, unlike the US crackdown with tech giant Huawei, the crackdown with TikTok could result in the company’s business ending up in the hands of a number of American companies, simply because the US cannot accept a Chinese company becoming a technology winner.
TikTok is China’s first application to “capture” the world market thanks to its ability to understand user needs, a feat that has not been achieved by any Chinese company, including Tencent, Alibaba. or even US Yahoo.
However, ByteDance, TikTok’s parent company also stated that it is facing unimaginable difficulties in the development process to become an international company, due to problems in foreign relations. deals between the US and China, as well as “copy and slander” from competitor Facebook.
The Global Times wrote that Zhou Shijian suggested that TikTok should bring the case to the New York-based US International Trade Court to oppose President Trump’s non-market approach as well as the intervention. Government cards in TikTok’s operation.
Also in a fierce move, China Daily borrowed from a researcher to say that the acquisition of TikTok by an American company is a “mafia deal”.
China Daily reported that after a phone conversation with the Microsoft CEO over the weekend, President Trump decided to support Microsoft in acquiring TikTok’s operations in the US market, and required the deal to be completed before 15 / 9. The US president also added a requirement that at least 30% of the purchase agreement amount be transferred to the US Treasury. According to President Trump’s argument, TikTok is a big company, but it grew because of American users, so the United States needs to receive a portion of this money.
Currently, TikTok is valued at $ 50 billion by investors.
China Daily quoted Julian Sanchez, a senior fellow at the Cato Institute. He said President Trump’s “blackmail threat” was a “mafia deal”.
“Trump’s explanation of why the US Treasury received a payoff from the Microsoft / TikTok deal is more bizarre and more embarrassing than I expected”; China Daily quoted Mr. Sanchez.
The newspaper also quoted Samm Sacks, a member at the Paul Tsai China center at Yale Law School, warning that a complete ban on the application would set “a dangerous precedent, which the US government invokes.” national security reasons to blacklist companies based on national origin ”.
Translated by Thanh Tran