News Snapshot:
Two prominent Chinese media outlets are urging Beijing to kill what they call a “dirty†and “unpalatable†deal intended to keep TikTok operating in the United States . The editorial boards of China Daily and the Global Times — both state-run publications — this week blasted an arrangement that would give American companies at least some ownership in the short-form video app. TikTok’s parent company ByteDance is based in Beijing. “What the United States has done to TikTok is almost the same as a gangster forcing an unreasonable and unfair business deal on a legitimate company,†China Daily wrote in...
