The clock is ticking ahead of President Trump's TikTok deadline, but China reportedly would rather see the app be shut down in the United States than see a forced sale of its American operations.
That's according to Reuters, which on Friday reported that Beijing "opposes a forced sale of TikTok's U.S. operations" by its owner, ByteDance, and "would prefer to see the short video app shut down" in America.
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As that deadline approaches, Reuters reports that China feels that a "forced sale would make both ByteDance and China appear weak in the face of pressure from Washington," and it's "willing to use revisions it made to a technology exports list on Aug. 28 to delay any deal reached by ByteDance."
Earlier, Bloomberg reported that the Trump administration was considering whether to extend the TikTok deadline. But Trump himself subsequently shot this possibility down, saying Thursday, "There'll be no extension of the TikTok deadline. It'll either be closed up or they'll sell it."
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