China vows to protect companies

By Agence France-Presse

Mar 15, 2024 12:21 am

BEIJING: China on Thursday slammed the approval of a US bill that would ban TikTok unless it severs ties with its Chinese parent company, blasting Washington's 'bandit' mentality and vowing Beijing would 'take all necessary measures' to protect the interests of its companies overseas.

The short-video app has soared in popularity worldwide but its ownership by Chinese technology giant ByteDance — and alleged subservience to Beijing's ruling Communist Party — has fueled concern in Western capitals.

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