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Chinese-owned apps TikTok and WeChat displayed on a smartphone, Beijing, China Chinese-owned apps TikTok and WeChat displayed on a smartphone, Beijing, China, Aug. 6, 2020 (AP photo by Mark Schiefelbein).

The TikTok Deal Is Much Less Than Trump Is Making It Out to Be

, Wednesday, Sept. 23, 2020

Editor’s Note: Every Wednesday, WPR contributor Lavender Au and Newsletter and Engagement Editor Benjamin Wilhelm curate the week’s top news and expert analysis on China.

TikTok was set to be taken off U.S. app stores this past weekend, but the news that the Chinese-owned app struck a tentative deal with Oracle and Walmart allowed it a one-week reprieve from President Donald Trump’s ban. The deal still must be formally reviewed by the Trump administration, and the Chinese government will need to approve it, too. China’s Ministry of Foreign Affairs spokesman Zhao Lijian has branded the ban, and other moves against Chinese tech companies by Trump in the name of national security, a “flagrant denial of the principles of market economy and fair competition.” ...

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