Comment by JumpCrisscross | Hacker News Reader

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Comment by JumpCrisscross | Hacker News Reader

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JumpCrisscross·

> Where's the law that Chinese companies cannot freely operate in the US

CFIUS [1]. Exon-Florian [2].

The 1977 International Emergency Economic Powers Act [3]. Foreign Investment Risk Review Modernization Act of 2018 [4].

[1] https://en.m.wikipedia.org/wiki/Committee_on_Foreign_Investm...

[2] https://en.m.wikipedia.org/wiki/Exon–Florio_Amendment

[3] https://www.treasury.gov/resource-center/sanctions/Documents...

[4] https://www.ustrademonitor.com/2018/08/foreign-investment-ri...

It doesn't apply to China specifically. The end result is for the rest of the world to understand that operating in the US is as risky as operating in China... BTW if I was tik tok I would sell myself to a European entity.

> doesn't apply to China specifically

FIRRMA was drafted specifically to deal with China.

> operating in the US is as risky as operating in China

False equivalence. American laws need to be debated and passed. Party decisions don't. American actions are constrained by the Constitution. Party actions are not. Et cetera.

> if I was tik tok I would sell myself to a European entity

Tik Tok are almost certainly in flagrant violation of GDPR.

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