• recursive_recursion they/them@lemmy.ca
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    2 days ago

    With China/the CCP’s supposed financial struggles, selling TikTok to Elon for immediate liquidity does actually make sense.

    huh just the fact that this could happen is a bit funny to see as it does signal that capitalism is a stronger force than authoritarianism

    very odd

    Edit:
    Actually rethinking about this, I’m reconsidering the idea that instead of money the CCP’s probably wants the control of public perception, money doesn’t really make too much sense as selling TikTok would only provide short term cash unless they’re desperate… surely not right?

    • essteeyou@lemmy.world
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      2 days ago

      You think the entire nation of China needs a small amount of money from Elon?

      China is the largest holder of foreign reserves in the world, and has been for years. We’re talking trillions of dollars, not a few billion.