> And they're not a security threat to China because they're controlled by their shareholders, not the government. Shareholders who will not want to throw their

> And they're not a security threat to China because they're controlled by their shareholders, not the government. Shareholders who will not want to throw their entire investment into the toilet. Bytedance is majority owned by foreign shareholders: > ByteDance says 60% of its shares are owned by non-Chinese investors such as U.S investment firms Carlyle Group and Kohlberg Kravis Roberts and Japan's SoftBank Group. Employees own 20% and its founders the remaining 20%.