Foreign media: The Chinese side takes the lead, and the TikTok transaction may be postponed until after the US election

[Text/Observer Longyue] When the TikTok business sold by jumping bytes was rumored to enter the 48 hour countdown, on August 28, the Ministry of Commerce and the Ministry of Science and Technology of the People's Republic of China adjusted and released the Catalogue of China's Technologies Prohibited from Exporting and Restricted from Exporting, which experts named as possibly involving TikTok technology.
On the 30th, Bloomberg also followed up the interpretation.
According to insiders, the sale of TikTok's US business by Byte Beat needs the approval of the Chinese government.
Considering that the approval of the Chinese government will take some time, the sale of TikTok may be postponed until after the US election in November.
The report pointed out that China's Catalogue of Technologies Prohibited from Exporting and Restricted from Exporting imposes new restrictions on the sale of artificial intelligence and other technologies.
The Catalogue involves modern technologies used by byte beating in TikTok, and requires byte beating to seek government approval in any transaction.
According to people familiar with the matter, China's new rules are intended to delay the transaction of selling TikTok by byte beating, but they do not completely prohibit the transaction.
Screenshot: Without China's approval, TikTok's assets could not be sold.
On the 28th, the Ministry of Commerce and the Ministry of Science and Technology adjusted and released the Catalogue of Technologies Prohibited and Restricted from Exporting in China, in which the "personalized information push service technology based on data analysis" of the restricted part was interpreted as directly referring to TikTok.
The byte jitter also indicates that the national regulations will be strictly followed.
In its announcement on August 30, the company said that it would strictly abide by the Regulations of the People's Republic of China on the Administration of Technology Import and Export and the Catalogue of Technologies Prohibited from Exporting and Restricted from Exporting in China, and deal with relevant businesses related to technology export.
Recently, Cui Fan, a professor of the University of International Business and Economics of China, pointed out in an interview with Xinhua News Agency that Byte Beating has a number of cutting-edge technologies in artificial intelligence and other fields, and some technologies may involve the adjusted catalog (China's Catalogue of Technologies Prohibited and Restricted from Export).
For example, under the information processing technology of some computer service industries restricted from export, the newly added control points of Article 21 on "personalized information push service technology based on data analysis" and Article 18 on "artificial intelligence interactive interface technology" may involve the company's technology.
At the same time, according to the Regulations of the People's Republic of China on the Administration of Technology Import and Export, any transfer of technology overseas, whether through trade, investment or other means, must strictly comply with the provisions of the Regulations of the People's Republic of China on the Administration of Technology Import and Export.
The export of restricted technologies must apply to the provincial competent commercial authorities for technology export licenses, and substantive negotiations can be conducted with foreign countries only after approval, Sign technology export contracts.
"48 hour countdown" Recently, as Microsoft, Oracle, Wal Mart and other giants entered the TikTok acquisition negotiations in succession, it seems that byte beating has been pushed to the situation where TikTok has to be sold.
On August 27, the U.S.
Consumer News and Business Channel (CNBC) also disclosed that TikTok's transaction agreement on the sale of businesses in the United States, Canada, Australia and New Zealand may be reached within the next 48 hours, with an estimated transaction size of 20 to 30 billion US dollars