US Daily News - TikTok China hits out at US 'smash and grab' as tech row deepens

Daily 24 TV 2020-08-05

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The US has offered China the “choice of submission or mortal combat in the tech realm”, state media in Beijing have said, as the two rival powers manoeuvred on the thorny issue of splitting up TikTok. The popular video-sharing app has joined Huawei to become a technology flashpoint, with Chinese officials and media rushing to defend it following Donald Trump’s threat of a US ban. The US president later gave Microsoft until 15 September to make an acquisition deal with TikTok’s parent company, ByteDance, and said the US Treasury should receive payment as part of the deal. As with his declaration on banning the app, he did not explain if, or how, this was possible. An editorial in the official state paper, China Daily, said China would not accept the “theft” of one of its technology companies, “and it has plenty of ways to respond if the administration carries out its planned smash and grab”. The US actions were driven by the profits in data, it said, and offered “an either-or choice of submission or mortal combat in the tech realm”. On Monday, a spokesman for China’s ministry of foreign affairs said China firmly opposed any US action against Chinese software companies over national security concerns. “The US generalises the concept of national security and, without any evidence, presumptions of guilt and threats against relevant companies,” said Wang Wenbin.“This violates the principles of market economy and exposes the hypocrisy and typical double standards of the US in maintaining fairness and freedom.

All data is taken from the source: https://www.theguardian.com/
Article Link: https://www.theguardian.com/world/2020/aug/04/tiktok-china-hits-out-at-us-smash-and-grab-as-tech-row-deepens


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