Huawei is way more valuable to the Chinese government, and they didn't ban US companies in retaliation either.
That's probably because they've already been banning American companies for years if they posed any potential thread to Communist control.
But if that is your opinion then don't come crying to the rest of the world, when they do the same exact thing to Chinese corporations that China has been doing to others, for decades.
Fair is fair.
And frankly I doubt the correctness of the statement altogether. There are a ton of American companies operating in China, much more than the number of banned ones. How many US companies does China really ban?
What all these comments about 'fairness' also don't mention is that under the WTO rules, developing nations (which China officially is) are allowed to take protectionist measures.
There are huge restrictions by China in American corporations.
You should look this up, if you are unfamiliar.
It is well accepted that there are many more restrictions, in comparison to say if an American corporation wanted to enter the EU market or something.
This is common knowledge, and it is easy to look this stuff up.
> are allowed to take protectionist measures.
And America is allowed to retaliate against them.
China can do what they want, but if they come crying to everyone else when other countries retaliate, nobody should expect others to take such complaints seriously.
Side note: Douyin features are way ahead of TikTok. e.g. https://youtu.be/yyeO7EUciIQ