In April 2024, U.S. President Biden signed a foreign aid bill into law, which also includes the forced divestiture of TikTok from its Chinese parent company ByteDance. The controversial TikTok sale or ban draws attention to the deepening tech competition between the U.S. and China. While Chinese companies do manage to find space in U.S. markets and popularity with American consumers, at the same time they raise the suspicions of the U.S. government. TikTok is not the first Chinese tech company to run up against U.S. lawmakers or regulators, but the precedent set by TikTok’s case could impact U.S.-China relations for years to come.
In an interview recorded March 25, 2024, Wenchi Yu joins us to discuss how Chinese companies can better adapt and localize to the U.S. market and pave the way for healthier U.S.-China business relations.
