China, TikTok and Commerce Secretary
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BEIJING (Reuters) -Billionaire Elon Musk's Tesla outperformed Chinese rivals including BYD, Xiaomi and Huawei in a test of assisted driving technologies on China's highways, according to results published by TikTok owner Bytedance's auto unit Dcar.
The U.S. demands China approve a deal for TikTok's sale to avoid a shutdown. President Trump extended China-based ByteDance's deadline to divest its U.S. assets. If the deal proceeds, the U.S. will control TikTok's algorithm.
Zhong Shanshan of Nongfu Spring has reclaimed his crown as China’s richest person amid a turnaround of his business and travails at top rival Hangzhou Wahaha Group.
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The TikTok parent company has been advancing its AI development. View on euronews