China about to pull the switch on US companies

Stefan Mileschin · 23rd September 2020, 09:05

Waiting to see who gets elected first

The Chinese goverment is waiting to see who wins the election before embarking on a campaign of blacklisting US companies.

While the Chinese have not really responded to the US actions to shut down their companies apparently they have just been biding their time, according to Bloomberg.

According to Bloomberg, Beijing has sped up development of a blacklist that could be used to punish American technology firms. Officials say leaders are hesitating to pull the trigger, with some arguing a decision on the list should wait till after the US election.

Beijing has been working out how to respond to the Trump administration without driving the relationship closer to collapse.For example, after President Trump's campaign for a US company to take over video-sharing app TikTok, Chinese regulators rolled out new export-control rules that have helped TikTok parent ByteDance set terms that could help it avoid losing control of the platform's US operations or crucial technology. However a blacklist would really put the fear of God into US companies.

https://fudzilla.com/news/51574-chin...n-us-companies

23rd September 2020, 09:05	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	China about to pull the switch on US companies Waiting to see who gets elected first The Chinese goverment is waiting to see who wins the election before embarking on a campaign of blacklisting US companies. While the Chinese have not really responded to the US actions to shut down their companies apparently they have just been biding their time, according to Bloomberg. According to Bloomberg, Beijing has sped up development of a blacklist that could be used to punish American technology firms. Officials say leaders are hesitating to pull the trigger, with some arguing a decision on the list should wait till after the US election. Beijing has been working out how to respond to the Trump administration without driving the relationship closer to collapse.For example, after President Trump's campaign for a US company to take over video-sharing app TikTok, Chinese regulators rolled out new export-control rules that have helped TikTok parent ByteDance set terms that could help it avoid losing control of the platform's US operations or crucial technology. However a blacklist would really put the fear of God into US companies. https://fudzilla.com/news/51574-chin...n-us-companies

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
China orders TikTok owner to pull work app that bypassed censors	Stefan Mileschin	WebNews	0	27th April 2020 07:39
China looks to foreign companies to end chip dependence	Stefan Mileschin	WebNews	0	27th April 2018 14:16
China looks to foreign companies to end chip dependence	Stefan Mileschin	WebNews	0	27th April 2018 14:15
Technology companies mull a post-Brexit pull out	Stefan Mileschin	WebNews	0	28th June 2016 06:37
China prepares to fluff up local tech companies	Stefan Mileschin	WebNews	0	1st June 2016 06:36
EU rules that US companies can't freely pull data out of Europe	Stefan Mileschin	WebNews	0	7th October 2015 09:36
China asks US tech companies to follow its security policies	Stefan Mileschin	WebNews	0	18th September 2015 15:08
China to conduct security audits on US tech companies	Stefan Mileschin	WebNews	0	18th August 2013 17:29
White House accuses China of hacking US companies	Stefan Mileschin	WebNews	0	13th March 2013 08:25
Companies urged to switch PCs off	Sidney	WebNews	0	24th October 2005 18:27