China appears to have complicated efforts to sell TikTok to an American company by introducing new rules that could allow Beijing to veto any potential deal.
The twist in the TikTok saga stems from notices published by the Chinese government recently, when officials revised rules that govern the sale of certain kinds of technology to foreign buyers.
The updated list includes data processing, speech, and text recognition.
China’s Ministry of Commerce and Ministry of Science and Technology said the changes were meant to formalize the management of technology export and protect national security.
Yvad Billings, Readers Bureau, Contributor
Edited by Jesus Chan
Do you want to add feedback to this story?
Please add a comment in the e-mail box below, send email to email@example.com, send us a message on WhatsApp at 646-874-7976 or Call us at 201-500-7715
Like our Facebook page https://www.facebook.com/TheReadersBureau