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“Even though the US has not found evidence on how TikTok endangers its national security, it has never stopped going after TikTok,” Wang Wenbin, a spokesperson for the ministry, told 【 - Free Top Growth Stock Recommendations 】 Wednesday at a news conference in Beijing.

adinath textiles limited (514113) stock price prediction ✌️【Financial Planning】✌️ Get accurate stock forecasts and market predictions from top financial advisors. With real-time updates on stock indices, exchange rates, and futures data, you'll be equipped to make profitable decisions and grow your capital steadily. Wang accused the US of “resorting to acts of bullying” when it could not succeed in fair competition, saying such practice would disrupt market operations, undermine investor confidence and sabotage the global economic order.

US officials and lawmakers have longvoiced concernsthat the Chinese government could compel TikTok’s parent ByteDance to hand over data collected from US users. They also fear that the app could serve as a tool for Beijing to spread propaganda, misinformation or influence Americans.

Cybersecurity experts say that the national security concerns surrounding TikTok remain a hypothetical — albeit troubling — scenario. US officials have not publicly presented evidence that the Chinese government has accessed the user data of US TikTok users, an outcome that lawmakers say their bill is intended to prevent.

adinath textiles limited (514113) stock price prediction ✌️【Financial Planning】✌️ Free access to real-time stock market data analysis, global market trends, and expert predictions. Capture emerging opportunities and grow your portfolio steadily, with insights into metals, energy, and agricultural products. The House vote will proceed under fast-track rules that require a two-third majority for passage — which appears likely given widespread bipartisan support. The bill will then head to the Senate, where its fate is less certain.

In recent comments to reporters, Wisconsin Republican Rep. Mike Gallagher, who chairs a House select committee on China, rejected characterizations of the bill as a TikTok ban.

“It’s not a ban,” he said. “It puts the choice squarely in the hands of TikTok to sever their relationship with the Chinese Communist Party. As long as ByteDance no longer owns the company, TikTok can continue to survive … the basic ownership structure has to change.”

“The sale or divestiture of TikTok involves technology export, and administrative licensing procedures must be performed in accordance with Chinese laws and regulations,” a spokesperson for China’s commerce ministry said in March last year.

On Chinese social media site Weibo, Tiktok was ranked among the top trending topics on Wednesday, with the hashtag “Tiktok starts to fight back” drawing 80 million views. Many users voiced support for the app and its efforts to contest the bill, which include a full-screen notificationencouraging users to call their representatives; some accused the US of being hypocritical.

“Let me tell a joke: American society is liberal and democratic, and it has a complete market economy,” said a comment with 2,000 upvotes.

“The image of free speech and rule of law in the US is in tatters, and the latest bill is simply further evidence of this,” it said.

adinath textiles limited (514113) stock price prediction ✌️【Financial Planning】✌️ Expert predictions and real-time data on global stock indices, metals, energy, and agricultural products to help you make more informed decisions and boost your investment returns. Benefit from cutting-edge market intelligence for steady growth. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Top Growth Stock Recommendations 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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