Friday , September 25 2020

China’s rejection of Taiwan buffer zone ups risk of clash

Bloomberg China is ratcheting up the risk of military confrontation in the Taiwan Strait, as Beijing seeks to deter Taipei from continuing to deepen ties with the US and other like-minded democracies. People’s Liberation Army (PLA) aircraft repeatedly breached the median line between Taiwan and the Chinese mainland last week, ...

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ByteDance asserts control of TikTok and contests $5 billion fee

Bloomberg ByteDance Ltd. emphasised it will remain in control of a hived-off TikTok Global business, appearing to contradict President Donald Trump’s statements about how the new entity will be directed by Americans and pay an unusual $5 billion fee to the US government. The world’s most valuable startup sought to ...

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