Except PRC laws has allowances for foreign operated platforms if they follow PRC data and media filtering laws - what TikTok is basically doing in US, i.e. why Google and Facebook had teams working to get back to PRC market before internal drama killed project. Efforts to get Oracle (and lol walmart) to buy stake in TikTok comes close to PRC JV model / system. Unilateral platform ban is US going beyond what PRC is doing, which is fine - not many choices now that TikTok has penetrated US market more than US platforms in PRC (which did well). It's also fine to acknowledge US is left with legislative sledgehammer option that's much more protectionist and paranoid than PRC.
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