ByteDance did not specify whether that deal would involve selling a part of TikTok’s operations in the US to American investors
Replacing “Chinese laws” with “applicable laws” in the English statement reflects the delicate balance ByteDance must maintain between the US and China to ensure that the TikTok deal proceeds.
Still, the company did not specify in the two versions of its statement whether that deal would involve selling a part of TikTok’s operations in the US to American investors.
“It’s all being worked out. We’re going to have very good control,” Trump said when asked if he would accept a deal where China controls the algorithm. He added that American investors, who were “very famous people”, would be in charge.
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