Sept 22, 2020, 10:25
(Global Times) It was reported Sunday, Beijing time, that US President Donald Trump approved a deal in principle between TikTok's parent company ByteDance, and Oracle and Walmart. The main content of the deal was later disclosed. From the information provided by the US, the deal was unfair. It caters to the unreasonable demands of Washington. It's hard for us to believe that Beijing will approve such an agreement.
Although people can have various interpretations, some articles in the agreement show what the problems are.
For instance, American citizens will take up four of the five board seats for TikTok Global and only one can be Chinese. The board of TikTok Global would include a national security director, who will have to be approved by the US.
Oracle will have the authority to check the source code of TikTok USA and updates. As the TikTok and Douyin should have the same source code, this means the US can get to know the operations of Douyin, the Chinese version of TikTok
TikTok Global will control the business of TikTok around the world except China. It will block IP from the Chinese mainland to access it. This means the Americans can take control of the global business of TikTok and reject Chinese to access it.
It is clear that these articles extensively show Washington's bullying style and hooligan logic. They hurt China's national security, interests and dignity. ByteDance is an ordinary company in China. The US suppresses it with all its national strength and forces it to sign a deal under coercion. China, also a major country, will not yield to US intimidation and will not accept an unequal treaty that targets Chinese companies.
When Trump said he had approved the new TikTok deal, he noted the new company would have "nothing to do" with China and would be fully controlled by the US. On Monday, he said Oracle and Walmart would have total control of the service; otherwise, "we're not going to approve the deal."
It seems this is not his campaign language, but the Trump administration's real attitude toward restructuring TikTok. Washington is way too confident and has underestimated China's determination to defend its basic rights and dignity.
The US is a big market. If the reorganization of TikTok under US manipulation becomes a model, it means once any successful Chinese company expands its business to the US and becomes competitive, it will be targeted by the US and turned into a US-controlled company via trickery and coercion, which eventually serves only US interests.
If China surrenders, which country in the world can resist? The US encirclement of TikTok and the global huntdown of Huawei are stifling the hopes of high-tech companies around the world for having world-class technologies and independent development. Once Washington succeeds, the US will enjoy global technological hegemony forever.
China will not accept this kind of bullying arrangement of the US. The US is taking discriminatory action to squeeze TikTok. In an era when countries have concerns about network data security, US internet giants set up branches around the world. But does any one of them hand over its control to companies of the host country? Which company's board members must be approved by the government of the host country?
Washington's huntdown on TikTok is creating problems for US internet companies worldwide. With cyber security increasingly becoming a common issue, there must be countries that will imitate the US to take action against American companies. The precedent set by the US will eventually hurt its own companies.
Issues concerning global internet data security should be addressed in a fair, reasonable and effective manner. China has put forward an eight-point proposal for this. The US seeks its own interests in a hegemonic way, and attempts to maintain its technological hegemony under the guise of cyber security. This cannot be accepted by international society, including China. It's hoped the US returns to globalization from "America First," and retake the universal commercial values that will not only benefit itself but also others.
Indeed; since ByteDance is the developer of the short video-sharing social networking services apps TikTok, it's up to ByteDance to decide how to dispose its international version.
However, even if the mother compony of tik tok would like to SELL to uncle Sam, the Middle Kingdom would have to decide to issue this particulare export license which would give away the unambiguous Algorithm code.
The probability of this happening is 1 in 10,000000.
Uncle Sam got no say in above situation...but fill his media with delaying tactics.
The dealing is totally unfair and discriminatory while lopsiding 4:1 in favor of the USA. You cannot trust the USA any longer in such horrible dealing ( stealing by force and bullying ) no matter who wins / losses the US Election. Don't count on the post-Election presidential rhetorics to die down because the political layout has been set and devised to incapacitate China's high tech companies and industries, heinously.
TikTok or ByteDance has to be the majority stake holder of greater than 51% excluding several minor US shareholders or US venture capitalists or EU investors. The USA cannot take control of TikTok Global; else, TikTok / ByteDance will be sacked sooner or later. The US regime has already spelt out the rules clearly now which serve as pre-warnings !
If push comes to shove, the deal needs to be ditched outright and totally. The worst case scenario is to lose the US business but at least ByteDance / TikTok will / can continue its business paces with a piece of mind elsewhere outside the USA. Why play with real life hooligan and gangster and/or sleep in the wild wolf’s den ?
re: " Washington is way too confident and has underestimated China's determination to defend its basic rights and dignity."
Never will the Middle Kingom surrender to uncle Sam'sdemand.
After election, normality will return. America is very well aware that the way they're handling other nations with their campaign language at this time is self defeating...
Community login
Add a comment