TikTok is a private company incorporated in Singapore in 2017. Though its parent company is Byte Dance, a Chinese company, TikTok is legally a Singapore entity. Its CEO Chew Shou Zi is a Singaporean.
The Americans are accusing TikTok of being a security threat because of its parent company Byte Dance without any proof, just allegation as usual. It is the same dirty lame excuse the Americans used on Huawei and many Chinese companies to ban or sanction them.
TikTok is now facing a total ban from operating in the USA effective 19 Jan 25 if it refuses to sell the company to an American entity. TikTok has stood its ground and refusing to sell this core asset and its technology to the American thieves. The Americans have no alternative apps that can compete with the success of TikTok and are using low down tactics to want to steal the technology of TikTok.
TikTok has 170 million American users that are happy with the apps, using it for business and personal reasons. In the last few days, at least 1 million TikTok users have migrated to another Chinese app called Rednote or 小红书. And the number is growing rapidly. These TikTok users called themselves TikTok refugees and in defiance, refuse to join Instagram or FB, deliberately chose another Chinese app in protest against Washington.
The most remarkable development in this migration is that the young Americans and young Chinese are communicating directly with each other, exchanging views and sharing their experiences, a massive cultural exchange between two young people is going on without being compromised by fake news and disinformation. The young Americans are going to learn a lot about China, see China as what it really is. Same as for the young Chinese about America. No more lies!
TikTok is a Singapore company just like all Chinese companies setting up manufacturing facilities in Vietnam, Thailand, Indonesia, Mexico or any country around the world that are legally factories of the respective countries and enjoy the tax privileges of these countries. The Americans have been attacking TikTok for more than a year and now in the final few days before it is banned. Being a Singapore company, headed by a Singaporean, did the Singapore govt make any representation to Washington to defend TikTok on grounds of principles, that it is a Singapore company and should be treated fairly as a Singapore company?
The latest, Biden is getting cold feet for risking hurting and alienating half the population of America by banning TikTok. Many of the TikTok users would lose their source of income and would turn against the Democrats. And Trump would be the hero to reverse the ban on his first day in office, to gain 170 million votes instantly. So, Biden is not going to fall into this trap he set for himself and may not ban TikTok on Sunday.