RedNote, called Xiaohongshu in Chinese — which literally translates as Little Red Book, an apparent reference to former dictator Chairman Mao Zedong — is also required to follow the Chinese Communist Party’s regulations, but has yet to exert its moderation of English language content to meet these standards.
After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ByteDance may have found an owner they could live with: Elon Musk.
The founder of the app’s parent, Beijing-based ByteDance, met with Elon Musk last year.
State media hailed RedNote's success among American "TikTok refugees" as a repudiation of U.S. government "demonizing" of China's development.
The President, who has suggested that the U.S. take on 50 percent ownership of TikTok, hinted that potential tariffs on China will be closely linked to whether such a joint venture is approved. “If China didn’t approve it,
RedNote, known as Xiaohongshu in China, is owned by a Shanghai-based company and raises similar questions as TikTok.
China's foreign ministry said on Monday companies should "decide independently" on matters of their operations and deals, responding to a question about U.S. President-elect Donald Trump proposing a 50% U.
Chinese products will soon face a 10% tariff coming into the United States in a move that could ramp up conflict between the world’s two largest economies.
Douyin, the Chinese equivalent of TikTok, is very different and "much more pro-social," NYU professor Jonathan Haidt told Business Insider in Davos.
U.S. President Donald Trump said his conversation with Chinese President Xi Jinping last week was friendly and he thought he could reach a trade deal with China.
The TikTok controversy teaches Americans an important lesson on the need for clear regulatory pathways to achieve well-defined goals, as the new Trump administration seeks to crack down on Chinese