China Strengthen regulations on overseas transfer of advanced technology TikTok business may be delayed August 31 5:48
The Chinese government has tightened restrictions on the transfer of cutting-edge technology overseas, while President Trump has ordered the sale of business in the United States over "TikTok," a video sharing app operated by a Chinese company. Since this includes technology such as AI = artificial intelligence that is also used in TikTok, there is a possibility that the sale of the business may be delayed.
Regarding TikTok, US President Trump has ordered the Chinese company Biting Dance to sell its business in the United States, because the personal information of users may be misused by the Chinese government and threaten security.
On March 28, China's Ministry of Commerce and Ministry of Science and Technology announced a revised version of the technology list that prohibits and restricts overseas transfers, including AI, and tightened restrictions on overseas transfers of advanced technology.
Regarding this, the state-owned Xinhua News Agency said as a Chinese expert, Bite Dance has technology such as AI and data analysis, and pointed out that the sale of business in the US may touch this regulation, "You should carefully consider whether you need to stop negotiations," he said.
According to Chinese media, Bite Dance announced on the 30th that it will "strictly comply" with the tightening of regulations by the Ministry of Commerce and others.
Regarding the sale of TikTok's business in the United States, IT giant Microsoft and others have made a name for themselves, but there is a possibility that the business sale will be delayed due to the tightening of regulations by the Chinese government.