President Donald Trump tentatively agreed to a deal in which Oracle and Walmart would take a combined 20% stake in TikTok Global.China's state-backed Global Times tabloid called the deal a "reasonable" outcome but said it was "unfair" ByteDance was put in this position.
President Donald Trump has agreed to a deal in which Oracle and Walmart will take a minority stake in a U.S.-headquartered company called TikTok Global. ByteDance, TikTok's parent company, says it will have an 80% stake.GUANGZHOU, China — Chinese state media said ByteDance's deal to set up TikTok Global in the U.S. is "reasonable," adding that Chinese authorities would still need to give their approval to a deal with U.S.
You know what’s unfair?, China being called a developing country!!. How can you be in the developing stage if you have world class cities, highly educated workforce, a bold foreign policy with the military hardware to match it and participating in hacking attacks
Shut up already about TikTok, all day long CNBC talks about it!
Unfair? The Politburo must be struggling to contain its mirth. The US President has just helped China realize one of its greatest aspirations: to truly globalize Chinese companies. And to frost the cake, Trump has exposed the hollowness of his threat to decouple the two economies
The US be like 'ok, show us how you do that nifty spying on everyone stuff'
I had to re-read this article because lot of things do not makes sense. Why sanction or block use of TiK Tok in the US if you still plan to have Chinese firm owe 80%. Why Walmart and Oracle (rhetorical question)? SMH
Did the deal maker in chief get played?
Who the hell cares what China thinks.?
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