FBI ‘Extremely Concerned’ by China-Owned TikTok; Tech Investor Draper Turns from China to Taiwan

Ellanjay

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Apr 11, 2020
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FBI ‘Extremely Concerned’ by China-Owned TikTok; Tech Investor Draper Turns from China to Taiwan​



China in Focus

The #FBI chief gives the bureau’s first-ever warning about #TikTok and explains why he’s “extremely concerned” about the popular social media app. Are #Investors phasing out of China? Warren Buffett is selling Chinese electric carmaker stock and buying up shares in a Taiwanese microchip producer. Another American investor is detailing why he stopped investing in China. On the other hand, some Western investors are buying in, seeing China’s struggling real estate sector as a chance to get in on a possible future resurgence. As wealthy democracies stick to a coal phase-out plan, China is building new plants. COVID-19-related lockdown orders were lifted in Guangzhou city, but only briefly—giving a short-lived taste of freedom after a mass protest.