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I didn't say there wouldn't be any process, but it's easy to show since all media corporations in China are subject to control by the CCP -- it's not a secret o
by insane_dreamer 2y ago
I didn't say there wouldn't be any process, but it's easy to show since all media corporations in China are subject to control by the CCP -- it's not a secret or difficult to detect, and it doesn't necessarily involve identifying shareholders.
- ceejayoz 2y agoOK, but that's not this part of the law; this part is entirely specific to ByteDance and its TikTok subsidiary. Non-ByteDance Chinese companies would fall under the separate extra-process bit here: > (B) a covered company that (i) is controlled by a foreign adversary; and (ii) that is determined by the President to present a significant threat to the national security of the United States following the issuance of a public notice proposing such determination; and (II) a public report to Congress, submitted not less than 30 days before such determination, describing the specific national security concern involved and containing a classified annex and a description of what assets would need to be divested to execute a qualified divestiture.
- insane_dreamer 2y agoright, good point