China described Trump’s demand to sell TikTok as political manipulation

The demand for the sale of the social network TikTok by the United States is a manifestation of political pressure and manipulation to prevent foreign enterprises operating on their territory. This was stated at a briefing by Chinese Foreign Ministry spokesman Wang Wenbin on Tuesday, August 4.

“Companies that conduct business in the United States in accordance with market principles and international rules comply with the laws and regulations in force in the United States. However, the U.S. side puts pressure on them and uses political manipulation against them”.

The Foreign Ministry spokesman specified that the United States “should not open the Pandora’s Box, as in this case they will have to reap the benefits of their activities.

“We call on the U.S. side to listen carefully to the voice of the international community and the population of their country, not to politicize economic issues, to ensure open, fair and non-discriminatory conditions for doing business and promote global economic development,” concluded Wenbin.

The day before, U.S. President Donald Trump announced a condition for TikTok to continue its work in the U.S.. Microsoft Corporation or another U.S. company must enter into a deal to acquire a division of TikTok from Chinese ByteDance before September 15, otherwise its work will be banned in the country.

According to The Wall Street Journal, Trump will only approve the purchase of TikTok in the country by a U.S. company if a significant portion of the deal goes to the budget.

“The U.S. should get a very large share of the price, because thanks to us it [continued work] remains possible,” the American leader was quoted as saying.

Trump could ban TikTok from operating in the United States, it became known July 31.

The same day it became known that Microsoft could buy a stake in TikTok from ByteDance.

On July 23, the media reported that a number of American investors were interested in buying TikTok. At that time, American General Atlantic and Sequoia Capital were named probable participants of the deal.

Earlier, the U.S. authorities allowed the possibility of banning the application on the territory of the country due to “threat to national security”.