At a time when international cooperation is needed to fight a common enemy such as the COVID-19 pandemic, Trump's hostility is globally damaging and in stark contrast to China's willingness to promote collaboration for the greater good, said Castrillon.
TikTok has been downloaded over 175 million times in the United States and over 1 billion times globally, according to the executive order, which claims that the app automatically captures "vast swaths of information" from its users, posing risks to U.S. national security.
A similar executive order has also been issued for WeChat, a messaging and social media app owned by Chinese tech giant Tencent.
Strengthening the supervision of listed companies' information disclosure and improving auditors' professional ethics and their practices are important means to protect the legitimate rights and interests of investors, the China Securities Regulatory Commission (CSRC) said on its website.
"We have noted that Australia said it welcomes China's development and hope that Australia will turn its words into concrete actions, act in line with the spirit of the China-Australia comprehensive strategic partnership and contribute to regional peace and stability," Wang said. Enditem
"Anyone who attempts to derail this process can only end in failure," said Wang. Enditem
"These gestures show the true friendship that we always support each other in every difficult situation," Sorasak said.
Wei Shangjin, professor of finance and economics at Columbia University's Graduate School of Business and School of International and Public Affairs, said forcing TikTok to be sold cheaply to a "very American" buyer will endanger many U.S. firms in the Chinese market, according to an opinion published by Project Syndicate on Thursday.
U.S. President Donald Trump's gamble is likely to backfire, said Castrillon.
"When you are not able to kiss your kid because you are doing dangerous work, this is one of the sacrifices in your life," he said.
These actions will by far create trade unpredictability and render the domino effect through the introduction of such policy by other members as retaliations, he added.