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9/21, 9:37 AM (Source: TeleTrader)
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China tells US not to discriminate against its firms

The United States should stop discriminating against Chinese companies, China's Foreign Ministry said on Monday.

When asked about the treatment on WeChat and TikTok in the US during a daily briefing, a ministry spokesperson stated that Beijing has no comment on the specifics of the two cases.

Earlier, media repots claimed that ByteDance was planning on keeping an 80% stake in TikTok Global in a pre-IPO financing round. The news came after TikTok's deadline for a deal in the US had been extended to November 12 while a US judge allowed WeChat to remain in app stores despite a Commerce Deaprtment ban.

Breaking the News / VP