China said that it would 'strongly oppose' a forced sale of TikTok from its parent ByteDance, as the app faced intense scrutiny and a potential ban in U.S.
"At the end of the day, it was clear from the testimony that Mr. Chew reports to the CEO of ByteDance. ByteDance controls TikTok," Cameron Kelly, visiting fellow at Brookings Institution, told CNBC's "" Friday. Kelly used to be a general counsel at the U.S. Department of Commerce from 2009 to 2013.
"I don't think a shutdown a ban or a complete divestiture [of TikTok] is needed. But I do think you have to separate that legal control," said Kelly, noting that could be done through a trust structure. "Beijing, having heard [U.S. Commerce] Secretary Raymond's lament that banning TikTok would infuriate voters under 35, is now double-daring Congress and the Administration to 'make my day,'" Russel said.
It's not immediately clear how China's export control law, enacted in December 2020, might apply to TikTok.
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