The halt of US legal action against TikTok, the popular video-sharing app owned by ByteDance, has raised hopes of numerous Chinese companies that policies enacted against them by former US president Donald Trump might be eased or even revoked under the new Biden administration. Photo: Getty Images via TNS
TikTok’s reprieve in US offers hope for other Chinese tech companies
- The new Biden administration suspended legal actions against the popular video-sharing app while reviewing US policy toward China tech companies
- The review also raises the prospect that other actions by former president Trump against Chinese firms might be reversed
