China Has Reasons to Like TikTok’s Trump-Approved Shotgun Deal

A White Residence-authorized program to rework TikTok into a U.S.-primarily based company would preserve the operation of the viral brief-video app, and very likely the algorithm that has run its increase, in Chinese hands. This structure improves the deal’s odds of discovering favor in Beijing, which had threatened to veto a sale.

President Trump claimed Saturday he had provided his blessing to a offer that would see TikTok associate with Oracle Corp. and Walmart Inc. to form a new entity called TikTok World wide that would deliver companies to TikTok’s present…