Basically calling the US's bluff here and waiting (hoping) for a new admin to forget about everything
However, Chinese officials believe a forced sale would make both ByteDance and China appear weak in the face of pressure from Washington, the sources said, speaking on condition of anonymity given the sensitivity of the situation.
ByteDance said in a statement to Reuters that the Chinese government had never suggested to it that it should shut down TikTok in the United States or in any other markets.
Two of the sources said China was willing to use revisions it made to a technology exports list on Aug. 28 to delay any deal reached by ByteDance, if it had to.
Submitted September 11, 2020 at 01:38PM by pikindaguy https://ift.tt/3ingiA2
