So don't build your business around it then.
What on earth are you talking about? No they're not. There are 265 of them whose shares trade on American stock exchanges. Not to mention all the ones only on Chinese stock exchanges.
"Since 2018, ByteDance has been in litigation with Tencent. ByteDance and its affiliates brought a series of unfair competition lawsuits against Tencent, alleging that Tencent was blocking their content."
Does that sound like both are "owned and operated by the CCP" to you? I don't know where you get this stuff.
The government has done tons of things to block Chinese shenanigans, some of which I already listed in previous posts here.
I don't buy the "blame the US government for everything" line of thinking. If they move to block yet another Chinese shenanigan, your response is "they should have done it earlier" ? Sounds like they can't win.
Trump tried to ban them in 2020 with an executive order but it was blocked by the courts. In 2021-22 TikTok was in negotiations with the Biden Administration to work out security concerns but it came to nothing so the movement to ban them got underway. It's nonsense to say the US "did nothing" about TikTok until now.
https://www.recorderonline.com/news/...ef5c9df88.html
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