Yes, TikTok is caught in a global power struggle, but the company also made its situation worse by ignoring the U.S. national security review process.
TikTok’s travails highlight that almost every Chinese investment in the United States these days is a concern for the Committee on Foreign Investment in the United States, the U.S. national security regulator commonly called CFIUS. In a world where trade competition and parity is the policy goal of both the United States and China, the divide between China and the remainder of the world will likely only increase.
TikTok is owned by ByteDance, a Chinese technology company based in Beijing. T
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