Will Beijing derail the TikTok deal?
Chinese export restrictions throw a spanner in the American bidding war for the hit short-video app
INVESTORS IN BYTEDANCE have got used to being caught between superpowers. They were still taken aback on August 28th, when an update to China’s export-licensing regime blocked the sale of the hot Chinese technology firm’s prize asset—the American arm of TikTok, a short-video app—to American firms and investors.
This article appeared in the Business section of the print edition under the headline “Limbo dance”
Business September 5th 2020
- What is Prosus, Europe’s consumer-internet star, for?
- Can Wizz Air soar amid the pandemic?
- Can Japan Inc navigate the rift between China and America?
- What does Warren Buffett want with Japanese trading houses?
- How has humans’ relationship with work changed over millennia?
- Can India’s biggest company keep getting bigger?
- Will Beijing derail the TikTok deal?
- Could you build a better TikTok?
From the September 5th 2020 edition
Discover stories from this section and more in the list of contents
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The PayPal Mafia is taking over America’s government
America’s right-wing tech bros are celebrating Donald Trump’s victory
From Apple to Starbucks, Western firms’ China dreams are dying
Economic growth is slowing, competition is stiffening and geopolitical tensions loom
Not all European business is a profitless wasteland
How to spot a corporate star, old-world edition
Will Europe ease up on big tech?
The clash between Silicon Valley and Brussels enters a new phase
How to inspire people
The answer is not another video of Steve Jobs
Can teenagers outwit Australia’s social-media ban?
Enforcing the new law may prove tricky