CCP announces plan to take control of China’s private sector, Trump Administration moves to severely restrict TikToK

Yesterday it was “more involvement”. Today it is “take control.”

(From Asia Times Financial)

The statement seeks to improve CCP control over private enterprise and entrepreneurs through United Front Work “to better focus the wisdom and strength of the private businesspeople on the goal and mission to realize the great rejuvenation of the Chinese nation.”…

…”We must also see that socialism with Chinese characteristics has entered a new era, [as] the scale of the private economy has continued to expand, risks and challenges have increased significantly, the values and interests of the private economy have become increasingly diverse, and the united front work of the private economy is facing new situations and tasks,” the statement says.

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Commerce Department bans downloads of TikTok and WeChat in U.S.

(From CBS News)

The Commerce Department on Friday issued a sweeping order banning any transactions on TikTok and WeChat in the U.S., saying the Chinese-owned apps create “unacceptable risks to our national security.”

Starting Monday, TikTok and WeChat will be banned from app stores, senior Commerce Department officials said. Users will not be able to download the apps to their phones, and those who have them already installed will not be able to receive updates.

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