TikTok troubles narrow gap between Beijing and ByteDance founder Zhang Yiming
4 years, 3 months ago

TikTok troubles narrow gap between Beijing and ByteDance founder Zhang Yiming

Live Mint  

ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese government involvement, but U.S. demands to sell his crown jewel TikTok are testing the boundaries with Beijing. A year ago, ByteDance was approached by the Chinese government with offers of help when TikTok, a short-video app with a huge following among young people globally, faced political heat in India, a source familiar with the situation told Reuters. The diplomatic dance taking place around TikTok follows years of acrimony between Washington and Beijing over the role of China's Huawei Technologies, which the U.S. has alleged is effectively a Trojan horse for Chinese espionage. A DIFFERENT PATH Zhang has pursued a different path to Chinese internet entrepreneurs such as Alibaba founder Jack Ma, who is a Communist Party member, and Tencent's Pony Ma and Baidu's founder and chief executive Robin Li, who are both members of the Chinese People's Political Consultative Conference, a ceremonial advisory body.

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