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Re:TikTok’s Poison Pill by angio on Wednesday August 03, 2022 @04:52AM (#32329259)
Technically US companies are allowed in China as long as they follow the local regulations (which probably involves following Chinese National Security Letters etc). What OP proposes and the EU is doing is to allow anyone in the market as long as they follow strong privacy laws. Existing apps can defend themselves in court and only get banned after a sentence from a judge.
Re:TikTok’s Poison Pill by vorpalhex on Wednesday August 03, 2022 @11:16AM (#32332889)
The specific regulation is having a Chinese Communist Party member on the board and having the owner be a Chinese citizen.
Re:TikTok’s Poison Pill by 8note on Wednesday August 03, 2022 @03:34PM (#32335862)
The second requirement in that definitionally excludes american owned companies, other than dual citizens
Re:TikTok’s Poison Pill by vorpalhex on Wednesday August 03, 2022 @05:12PM (#32336706)
China does not recognize dual-citizenship (at least not if one of those citizenships is Chinese).