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China may prevent TikTok from being sold in the US due to new export rules

China has introduced new technology export rules for the first time in 12 years, which could potentially prevent TikTok from being sold in the United States. To make a ByteDance transaction, you will need the permission of certain government departments. Some citizens of China have already supported this initiative.Last Friday, the Ministry of Commerce and the Ministry of Science and Technology of the People’s Republic of China for the first time since 2008 updated the…