China would prefer that US TikTok shut its doors rather than sell: Report

As the threat of a ban from the United States looms over video-sharing app TikTok, reports indicate that China would rather see the company close its U.S. operations than sell them.

Three sources with “direct knowledge of the matter” said that the Chinese government believes a sale under pressure from the U.S. would make it appear weak, Reuters reported Friday.

China is willing to use its own means to delay a deal with the platform, two of the sources said. Reuters has previously reported…

Read Full Article


Please enter your comment!
Please enter your name here