‘Unfair’ but not the worst-case scenario: Chinese state media reacts to ‘reasonable’ TikTok deal


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Home World ‘Unfair’ but not the worst-case scenario: Chinese state media reacts to ‘reasonable’ TikTok deal ‘Unfair’ but not the worst-case scenario: Chinese state media reacts to ‘reasonable’ TikTok deal September 21, 2020 admin World 0 Hits: 0 President Donald Trump has agreed to a deal in which Oracle and Walmart will take a minority stake in a U.S.-headquartered company called TikTok Global. ByteDance, TikTok’s parent company, says it will have an 80% stake. Nicolas Economou | NurPhoto | Getty Images GUANGZHOU, China — Chinese state media said ByteDance’s deal to set up TikTok Global in the U.S. is “reasonable,”...