U.S. crackdown on TikTok damages international investment environment

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The U.S. crackdown on TikTok, which damages investors' confidence in the international investment environment and undermines the normal global economic and trade order, will eventually backfire on the U.S., Chinese Foreign Ministry spokesperson Wang Wenbin said on Wednesday.

Wang made the remarks at a regular press briefing when asked to comment on the U.S. lawmakers' voting on a possible TikTok ban. "In recent years, although the U.S. has never found evidence of TikTok threatening its national security, the country has never stopped suppressing TikTok."

"Such bullying practice, which fails to prevail in fair competition, disrupts normal business activities of enterprises, damages investors' confidence in the international investment environment and undermines the normal global economic and trade order," said Wang, adding that this approach will ultimately backfire on the U.S. itself.

(Cover: A view of the Chinese Foreign Ministry, Beijing, China. /CFP)