SHANGHAI (Reuters) – China will decline the “theft” of a Chinese innovation company and is able to respond to Washington’s transfer to push ByteDance to sell short-video app TikTok’s U.S. operations to Microsoft, the China Daily paper said on Tuesday.
The United States’ “bullying” of Chinese tech companies was an effect of Washington’s zero-sum vision of “American first” and left China no choice but “submission or mortal fight in the tech realm”, the state-backed paper stated in an editorial.
China had “plenty of methods to respond if the administration performs its planned smash and grab”, it added.
Microsoft Corp said on Monday it remained in talks with ByteDance to buy parts of TikTok after U.S. President Donald Trump reversed course on a strategy to ban the app on national security premises and gave the companies 45 days to strike a deal.
U.S. Secretary of State Mike Pompeo said over the weekend that Trump would take action quickly against Chinese software business that shared user information with the Chinese federal government.
The Global Times newspaper, which is also government-backed, said U.S. treatment of ByteDance and Huawei Technologies, now on a U.S. trade blacklist, was indicative of U.S. efforts to separate its economy from China’s.
China had actually “restricted ability” to provide protection to these Chinese companies by retaliating versus U.S. companies because the United States had technological supremacy and impact with its allies, it included.
” China’s opening-up to the outdoors world and breaking down the U.S. decoupling method need to be top priorities,” it said in an editorial.
The Worldwide Times is released by the Individuals’s Daily, the main paper of China’s judgment Communist Party.
Reporting by Brenda Goh; Modifying by Stephen Coates