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TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

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Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#561
It’s interesting that folks are generally giving Trump the benefit of the doubt. There are many comments to the effect of “while there is no public evidence, maybe the US government has secret evidence that TikTok has broken the law.”

Trump is incredibly vindictive. Remember a month ago when he hosted a way under-attended rally, because of a fake registration movement that spread on, yup, TikTok? Trump remembers.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#562

Earlier quoted context omitted.

Really this move seems nothing related at all to US companies not having sufficient access to China. If then why this 10 year gap from action to reaction. Many here seems to take this particular view of this move being a retaliation of some sort, but I feel that is a naive view of what US is doing here and how it will be perceived around the world. Put in specific data protection/privacy laws and regulations applicab…

Politics moves slowly. 10 years is barely more than 1 presidency. China bans Facebook despite the company offering to comply with censorship/propaganda rules (and Zuckerberg even offering Xi to name his child). The ban is unambiguously due to strategic concerns over a foreign company having access to user data. The change in US policy towards Chinese apps is not retaliation, it's just the US coming to the same conclu…

>> "Zuckerberg even offering Xi to name his child"

Seems like this idiotic move did not win him any favours. Maybe for once they made the right call.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#563
post #501
post #489

Earlier quoted context omitted.

> The ban is unambiguously due to strategic concerns over a foreign company having access to user data So Europe/India/everyone else should ban US apps? It becomes a slippery slope. > the US coming to the same conclusion as China that letting rivals foreign powers control media companies is unwise. If you’re worried about a foreign company manipulating media then put in laws and regulations. That way American compani…

If Europe is concerned that the US is a threat to its collective security they might want to start with getting rid of all our military bases and alliances before worrying about comparatively trivial matters like apps.

These media platforms are unaccountable, they sway electrions, enabled breaches of electoral law in UK referendum, spread popularity of Nazism, etc.

On the other hand i am not aware of any major damage caused by 10K or so troops stationed here or there.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#564
post #331

Earlier quoted context omitted.

This is apples and oranges. You listed hard good sales - imports (even if actually manufactured in China in the case of Apple). IIRC, Foreign companies need to have majority-owner Chinese partner entities to "own" business operations in China. So a non-Chinese car company that wants to have ownership over it's Chinese assembly line operations and sales in China needs to partner with a Chinese company (typically anoth…

> IIRC, Foreign companies need to have majority-owner Chinese partner entities to "own" business operations in China. You recall incorrectly. You're describing the situation about 30 years ago, in the early stages of China's opening up. In the intervening time, restrictions have been dropped from most sectors (including the automotive sector - Tesla's Shanghai factory is a demonstration of this). The Chinese market i…

> American companies have much greater penetration into the Chinese market than vice versa. It's blindingly obvious if you've been in both countries.

It's utterly bizarre to see people completely unaware of this clear fact. US companies are absolutely everywhere in China and make bucketload of cash in the country.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#565
post #349
post #330

Earlier quoted context omitted.

If you’re going to list vices, you better list those of both sides. America is the largest emitter of greenhouse gases by far and is this directly responsible for the climate change catastrophes we are watching unfold before our eyes. EDIT: this fact is incorrect, please see child comment for the facts. It looks like China currently emits twice the amount of Greenhouse gases emitted by the US. (Not justifying what Ch…

https://www.usatoday.com/story/money/2019/07/14/china-us-cou... Easily fact checked. China doubles the US on both Co2 and Methane emissions. Edit: Got downvoted, but it's still true the above post is outright incorrect information.

Which means that they emit much less per person. Or should countries be compared with no refrerence to their population, in which case Saudi Arabia is doing great?

Additionally, USA has had decades of relative prosperity to clean up its emissions, but did nothing.

Meanwhile China has more electric busses than the rest of the world combined, more hifgh-speed raio than the rest of the world combined, lead the world in investment in renewables and nuclear and are on track to meet their Paris accord commitment, unlike US.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#566

Earlier quoted context omitted.

Does comparing the total always make sense? How about we take the average? Twice the amount means each Chinese person emit about 1/5 greenhouse of an American does. Man are created equal and Chinese people have the equal right to emit for their own prosperity Reminds me of some downplay of China’s progress by looking at averages

Prosperity is not a right. Past emissions by some do not create future emissions allowances for others. We should all be held accountable for future emissions, as the climate cares little for equality concerns. With that said, it’s entirely feasible to transition faster to not needing to emit carbon to raise or maintain quality of life. As I mention above, everyone should be accountable for that.

Past emissions allowed countries to build wealth, and if wealthy countriss are failing to clean uo their act, why do you wxpect poorer countries like India or Vietbam to make a sacrafice?

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#567
post #363

As someone from the third world this leaves a very bad feeling if it happens. I do expect it runs into legal hurdles before that. Neither Apple nor Google have found TikTok problematic enough to delist them from their app stores. Neither is there charges that TikTok may have broken US laws. Banning something which hasn't broken US laws, on arbitrary grounds shouldn't be possible. The President shouldn't have authorit…

I honestly feel the ban may well be a direct result of Tiktok users helping boycott a political rally in Tulsa. They were expecting hundreds of thousands to turn up, but only a few thousand turned up, leaving the organisers utterly embarrassed.

Unlikely. The rally was in June, but they've been talking about banning it since February.

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#568

Earlier quoted context omitted.

Not that it justifies our behavior, but I can’t help but cringe a bit when considering how China locks American companies out of its market but expects better access for Chinese companies in the American market. America-Chinese relations started going downhill in 2009 when China thought it prudent to start blocking most Americans services, America just took a decade to follow up with similar bad behavior.

Which companies are locked out? Last I looked China is packed full of American companies, far moreso than the other way around. Apple, Walmart, Nike, Coke(61% marketshare), P&G, KFC, McDonald's, GE, GM, Boeing (50% marketshare), MS (99% marketshare) all make billions each year on the mainland, many make more there than in the US. It's frankly quite disturbing how something so completely wrong constantly ends up the t…

More specifically to TikTok, all American social networks are locked out. (Facebook, twitter, YouTube, etc.)

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#569
post #337

Earlier quoted context omitted.

TikTok is not a national security problem, no more than Whatsapp or Telegram or Skype is a national security problem. The last time I asked folks here to explain to me why they think its a national security problem, I got a list of arguments that were just a little bit less plausible then those for the existence of Santa Claus. Just because Trump says something (while providing no proof) does not make it true.

I said if it's a matter of national security. > TikTok is not a national security problem, no more than Whatsapp or Telegram or Skype is a national security problem. Yeah, you don't actually know that. What we don't know is the most consequential for us. China is ambitious and is clearly engaged in a long game against the US. We should watch our backs, no apologies necessary.

So you are giving uo on the whole concept of a justice system, evidence of wrongdoing and public hearing?

Might as well start putting random chinese people in jail just to hit back at CCP, "no apollogies neccesary"

Re: TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

#570

As someone from the third world this leaves a very bad feeling if it happens. I do expect it runs into legal hurdles before that. Neither Apple nor Google have found TikTok problematic enough to delist them from their app stores. Neither is there charges that TikTok may have broken US laws. Banning something which hasn't broken US laws, on arbitrary grounds shouldn't be possible. The President shouldn't have authorit…

> Chinese policy seems to have not significantly changed in the last 5 years towards the US

Chinese policy "towards the US" may be too narrow a view.

Within the past 5 years, Xi Jinping has eliminated the scheduled 10-year leadership transition which served to alternate power between various elite factions in China. This has put him in a position to maintain leadership for life. After Xi achieved this, China has seen numerous significant domestic and foreign policy shifts.

As China has become more of a near-peer global power with the US, Chinese domestic politics have become more relevant to everyone.

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