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In one way, yes, it seems like reciprocity, but the impact here seems to be larger than a diplomatic dispute: China is communist, US is free (in terms of public
by bmcn2020 6y ago
In one way, yes, it seems like reciprocity, but the impact here seems to be larger than a diplomatic dispute: China is communist, US is free (in terms of public imaging). So in that positioning, while China as a communist, authoritarian nation would be the type to ban online services, the US is supposed to be "better than that."
In any case, I think that the result of this is more that TikTok will sell at an even cheaper price, since it's coming from a position of weakness, not strength. And for WeChat -- who in the west actually uses it? The impact there I believe is a slight dip in Tencent Holdings' stock price, which will quickly bounce back.
- wallfacer4 6y agoFor many Chinese living in America, it's the only way to reliably communicate with family back in China.