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A comment on TikTok says it is restoring service for U.S. users. Parent comment

Re:TikTok says it is restoring service for U.S. users by 55555 on Monday January 20, 2025 @03:12AM (#42766154)
> You have to give away 50% of your local subsidiary just to operate there.

I'm not sure how generally you meant to speak, but this is no longer true as a general claim.

"As of November 1, 2024, China has removed all restrictions on foreign investment in the manufacturing sector, allowing foreign investors, including Americans, to own up to 100% equity in Chinese manufacturing enterprises."

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Re:TikTok says it is restoring service for U.S. users by wqaatwt on Tuesday January 21, 2025 @02:38AM (#42777482)
True. I missed that. Operating an online social network has nothing to do with manufacturing though.

And investments into various telecommunications related areas are still restricted or outright banned. So foreign founded/owned TV stations like Fox News could never exist in China (for better or for worse).

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