https://www.reuters.com/technology/bytedance-prefers-tiktok-shutdown-us-if-legal-options-fail-sources-say-2024-04-25/

  • zed_proclaimer [he/him]
    ·
    edit-2
    8 months ago

    Those places entered into China while agreeing to those restrictions. That’s different than the US allowing foreign investment then rugpulling it and stealing the Chinese owned portion of a business after the fact.

    In order to retaliate, China needs to seize or steal American capital.

        • AcidLeaves [they/them, he/him]
          ·
          8 months ago

          CPC has something called a golden share in a lot of companies. It's a 1% equity stake that allows for overruling voting power in certain elections

          • HexBroke
            ·
            edit-2
            6 months ago

            deleted by creator