Foreign media: Chinas hand! Tiktok deal may be pushed to the post US election
(observers online news) on August 28, Chinas Ministry of Commerce and science and technology jointly announced the announcement on the adjustment and release of the catalogue of Chinas export prohibited and restricted technologies, just as the United States is pressing for byte skipping to sell tiktok business step by step. Experts point out that this may involve the technology of tiktok.
On the 30th, the U.S. News Agency also followed suit. People familiar with the matter disclosed that byte hops sale of tiktoks U.S. business needs the approval of the Chinese government. Given the time required for Chinese government approval, the sale of tiktok could be delayed until after the US election in November.
The report pointed out that Chinas catalogue of Chinas export prohibited and restricted technologies has imposed new restrictions on the sale of artificial intelligence technology, including the modern technology used in tiktok.
Screenshot: tiktok assets cannot be sold without Chinas approval
On August 28, the Ministry of Commerce and the Ministry of science and technology of the peoples Republic of China adjusted and issued the catalogue of Technologies Prohibited from export and restricted in China. Cui fan, a professor at China University of international business and economics, pointed out in an interview with Xinhua news agency that as a rapidly growing innovative enterprise, byte hop has a number of cutting-edge technologies in artificial intelligence and other fields, and some technologies may involve the adjusted catalog. For example, under the item of information processing technology of computer service industry with export restriction, the newly added Article 21 on personalized information push service technology based on data analysis and Article 18 on artificial intelligence interactive interface technology and other control points may involve the companys technology.
Then, the byte bounce also responds to this. On August 30, the official account number of byte skipping issued a notice saying: the company is concerned that the Ministry of Commerce and the Ministry of science and technology jointly announced the announcement on adjusting and releasing the catalogue of Technologies Prohibited and restricted from exporting in China on August 28. The company will strictly abide by the regulations of the peoples Republic of China on the administration of technology import and export and the catalogue of Technologies Prohibited and restricted by China, and handle the technology export Related business of the port.
According to the regulations of the peoples Republic of China on the administration of technology import and export, all those involved in the transfer of technology abroad, whether by trade, investment or other means, must strictly abide by the regulations of the peoples Republic of China on the administration of technology import and export. The export of restricted technologies must apply to the provincial competent commercial authorities for technology export license and obtain the approval To conduct substantive negotiations and sign technology export contracts.
Source of this article: Wang Fengzhi, editor in charge of CFA_ NT2541