China’s new AI trade rules could hamper a TikTok sale

0

The country’s Ministry of Commerce argued that the export list changes were overdue after remaining the same since 2008. It was important given the breakneck pace of technological improvement and China’s increasingly competitive output, according to officials.

Neither ByteDance nor the Commerce Ministry has commented on the new rules.

The move escalates an already intense dispute between China and the US. The two sides are already locked in a trade war, and the US has already implemented trade restrictions on companies like Huawei and ZTE over alleged security risks. The pressure on TikTok to drop ByteDance is an extension of this. In that regard, it’s not surprising that China is countering with tighter export limits. This theoretically pressures the US to make concessions and allow more access to Chinese tech.

For the latest tech news and updates, Install TechCodex App, and follow us on Google News,  Facebook, and Twitter. Also, if you like our efforts, consider sharing this story with your friends, this will encourage us to bring more exciting updates for you.

Source

Get real time updates directly on you device, subscribe now.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More