China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday. U.S. officials have said TikTok under its… Read More ByteDance offers to concede U.S. operations of TikTok
The White House is preparing to force Chinese internet giant ByteDance to shed the U.S. operations of TikTok, as potential buyers, including Microsoft Corp, are already in talks to buy the popular short video app, people familiar with the matter said on Friday. The move would be the culmination of U.S. national security concerns over… Read More Microsoft in talks to acquire TikTok as parent company faces forced breakup
China took over the premises of the U.S. consulate in the southwestern city of Chengdu on Monday, after ordering the facility to be vacated in retaliation for China’s ouster last week from its consulate in Houston, Texas. The seizure capped a dramatic escalation in tensions between the world’s two biggest economies that began when employees… Read More China seizes U.S. consulate in Chengdu
China ordered the United States to close its consulate in the city of Chengdu on Friday, in a tit-for-tat response to being told to shut its consulate in Houston earlier this week, as relations between the two world powers deteriorated further. China had warned it would retaliate after it was unexpectedly given 72 hours –… Read More China orders U.S. to close consulate in Chengdu
The United States gave China 72 hours to close its consulate in Houston amid accusations of spying, marking a dramatic deterioration in relations between the world’s two biggest economies. The U.S. State Department said on Wednesday the Chinese mission in Houston was being closed “to protect American intellectual property and Americans’ private information.” China’s foreign… Read More U.S. gives China 72 hours to close its consulate in Houston
The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy on its minority Uighur population or because of ties to weapons of mass destruction and China’s military. The U.S. Commerce Department’s move marked the Trump administration’s latest efforts to crack down on companies… Read More U.S. adds dozens of Chinese companies to economic blacklist
The U.S. Department of Commerce on Friday announced that it was extending the Temporary General License that allows certain transactions with Huawei Technologies Co Ltd for another 90 days. The license allows certain transactions despite Huawei’s placement on a blacklist that restricts U.S. suppliers from doing business with the Chinese company.
China is withdrawing the press credentials of American journalists at three U.S. newspapers, intensifying a bitter fight between the world’s top two economies that has widened to include the coronavirus outbreak and media freedoms. Beijing announced on Wednesday what it said was retaliation against U.S. restrictions on Chinese journalists that includes revoking the accreditations of… Read More China withdraws accreditation of American journalists as dispute with U.S. escalates