In the end, US President Donald Trump blinked in the stand-off between the US and China over TikTok.Trump, who had demanded an outright sale of TikTok’s US business over national security and data privacy concerns, took a step back on Saturday after China issued updated export rules and as concerns mounted over a backlash ahead of the November presidential election, according to analysts.The new export controls, which cover two key technologies used by the short video app, meant an outright…
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