China’s commerce ministry said it would take “all necessary measures to resolutely safeguard its legitimate rights and interests”. But potential tit-for-tat actions by Beijing would be limited, analysts say.
SINGAPORE: As China raises the prospect of retaliation after the United States’ House of Representatives passed legislation that could lead to a TikTok ban in America, analysts say Beijing will have to consider key factors such as the optics and potential economic repercussions in weighing its countermove.
“It puts the US on the opposite side of the principles of fair competition and international economic and trade rules,” said Mr Wang during a daily press briefing on Thursday.Analysts CNA spoke to stressed that there’s still some way to go before the legislation comes to pass, if at all. The move on TikTok is the latest in a series of actions in Washington to respond to US national security concerns about China, from so-called. In turn, China has been focusing heavily on building up its domestic capabilities and calling on its businesses to embrace
China has previously made its disapproval clear. A Mar 9 op-ed by state news outlet Global Times framed it as “forcing ByteDance to choose between two bottles of poison”.Potential tit-for-tat actions by China would be limited due to the current restrictions Beijing already has in place, analysts say.
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