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scarab92
5 months ago
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TikTok goes dark in the US
It's hard for China to claim that they are being treated unfairly, when US companies are generally only permitted to hold a minority 49% interest of the Chinese operations.
The US is just reciprocating.
billylindeman
5 months ago
[–]
Chinese investors own ~20% of ByteDance. Mostly own by large funds (State Street BlackRock, Sequoia, etc)
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The US is just reciprocating.