The Chinese government’s interests in TikTok could play a determining role in negotiations to have it continue in the U.S. despite fears regarding its ties to the Chinese Communist Party, according to people involved in the matter.
The social app has been negotiating with the Commerce Department’s Committee on Foreign Investment in the U.S. for more than two years to find an arrangement that would assuage concerns that the CCP can access its data or influence its operations.
It has reportedly proposed an agreement allowing the company to store U.S. data on local servers while taking actions enabling the company to operate in the United States without a total ban.
But TikTok’s parent company, ByteDance, has grown hesitant about the talks due to concerns about the possibility that the CCP could oppose such a deal, specifically if it required transferring the app’s key algorithms to U.S. entities, according to the Wall Street Journal, which cited people familiar with the matter.
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