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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 Best Stocks to Buy Today 】 Wednesday at a news conference in Beijing.

shalimar paints limited (shalpaints) stock rallies ✌️【Financial Expert】✌️ AI-powered stock trend analysis with free, up-to-the-minute updates. Analyze global stock, futures, and forex data to capture market movements and make smart investment choices with expert insights. 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.

shalimar paints limited (shalpaints) stock rallies ✌️【Financial Expert】✌️ Free real-time stock market analysis, market dynamics reports, and expert insights into stocks, metals, energy, and agricultural products. Make profitable decisions by leveraging our advanced market forecasting tools. 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.

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