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Huawei to ByteDance: Big tech firms in a spot as China riles US, India

ByteDance could be forced to sell TikTok as Washington considers following India in banning the short video app, which analysts say is worth at least $20 billion.

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Ren Zhengfei, the billionaire founder of Huawei Technologies Co. (Bloomberg)

Reuters Shanghai, Beijing

5 min read Last Updated : Jul 27 2020 | 10:18 AM IST

Huawei Technologies' founder Ren Zhengfei's global ambitions are marked in bricks and mortar at a new company campus in southern China, where the buildings are replicas from European cities.

Zhang Yiming, founder of ByteDance, the operator of short video app TikTok, has plastered his Beijing headquarters with posters including a cover of former Google CEO Eric Schmidt's book "How Google Works", and has long said he will build a global firm that can compete with U.S. tech giants.

But the two companies which best exemplify China's ambitions to challenge U.S. tech dominance are now stymied by strains in relations between

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