China would prefer that US TikTok shut its doors rather than sell: Report

By Haley Victory Smith

Published September 11, 2020 7:34pm ET

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China would prefer that US TikTok shut its doors rather than sell: Report — As the threat of a ban from the United States looms over video-sharing app TikTok, reports indicate that China would rather see the company close its U.S. operations than sell them. Three sources with “direct knowledge of the matter” said that the Chinese government believes a sale under pressure from the U.S. would make it […]

As the threat of a ban from the United States looms over video-sharing app TikTok, reports indicate that China would rather see the company close its U.S. operations than sell them.

Three sources with “direct knowledge of the matter” said that the Chinese government believes a sale under pressure from the U.S. would make it appear weak, Reuters reported Friday.

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