TikTok will ‘strictly abide’ by new China export regulations: ByteDance
TikTok owner ByteDance has said it will abide by the new rules set by China for technologies that are subject to export bans or restrictions.
China updated the list of technologies that are subject to export bans last week amid pressure on the app’s parent company ByteDance by the White House to divest its business in the US quickly or face an effective ban.
The new list, released jointly by China’s Ministry of Commerce and the Ministry of Science and Technology, added 23 items to export restrictions while technical parameters of 21 items were revised.