City
Epaper

China's new tech export rules to hinder TikTok's survival in US

By ANI | Updated: August 31, 2020 03:00 IST

China's new export rules for technologies like artificial intelligence is likely to come in way of the survival of TikTok in the United States where it is struggling to continue its operations after an ultimatum by President Donald Trump to the company to stop operations in America.

Open in App

China's new export rules for technologies like artificial intelligence is likely to come in way of the survival of TikTok in the United States where it is struggling to continue its operations after an ultimatum by President Donald Trump to the company to stop operations in America.

South China Morning Post reported on Sunday that the new rules introduced by Beijing on several technologies including laser and drones will require Chinese compes to take government approval for their export, which could affect TikTok's parent company ByteDance.

"ByteDance has a number of cutting-edge technologies in artificial intelligence and other fields, and some technologies may be covered by the adjusted list," Cui Fan, a professor of international trade at the University of International Business and Economics in Beijing, told Xinhua on Saturday.

Amid rising tension with the United States, the video-sharing app has been struggling to reach an agreement with an American buyer after US President Donald Trump gave an ultimatum to sell its operations in the US.

On Friday, the Chinese Commerce ministry had said that 23 areas of innovation - ranging from space materials to 3D printing, encryption and large-scale high-speed wind tunnel design - had been added to the restricted export list.

Shaun Rein, managing director of China Market Research Group, said: "By doing this type of export list, potentially this is a way for the Chinese government to get involved and offer protection to Chinese compes.

"I do think the Chinese digital platforms have a massive pool of data that they have access to and they can do a lot of things to, but I personally am not convinced that the artificial intelligence is uniquely advanced to the point where [non-Chinese] compes ... would be hurt not getting access to it," Alex Capri, a visiting senior fellow at the National University of Singapore said.

ByteDance did not respond to SCMP's requests for comment in the matter.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Shaun reinchinabeijingSouth China Morning PostDonald Trumptiktok
Open in App

Related Stories

MaharashtraMaharashtra Hit by US 25% Tariff Hike: Rs 2,700 Crore Export Blow to Chhatrapati Sambhajinagar

InternationalBeijing Rains: 44 Dead and 9 Missing Due to Torrential Rainfall in China

InternationalIndia to Face 25% Tariff and Penalty Starting August 1: Trump Makes Big Announcement on His 'Good Friend

InternationalTsunami Alert Issued in Parts of China After 8.8-Magnitude Earthquake Strikes Off Russian Coast

National"Never Said Trump Was Lying, Didn't Mention China Even Once": Rahul Gandhi on PM Modi's Operation Sindoor Speech (Watch Video)

International Realted Stories

InternationalTrump administration suspends UCLA's research funding over antisemitism claims

InternationalSome Gazans given cash for food, but find few supplies to buy: UN

InternationalTrump orders firing of labor statistics chief after weaker-than-expected jobs report

InternationalFour killed in shooting at Montana bar in US

InternationalEarthquake of magnitude 5.5 hits Afghanistan