SHANGHAI (Reuters) - China has no reason to approve the "dirty and unfair" deal based on "bullying and extortion" that Oracle Corp and Walmart Inc said they struck with ByteDance, the state-backed English-language China Daily newspaper said on Wednesday.
"What the United States has done to TikTok is almost the same as a gangster forcing an unreasonable and unfair business deal on a legitimate company," it said in an editorial.
The three firms have issued conflicting statements over the terms of an agreement they hope will allow ByteDance's video app TikTok to continue to operate in the United States, where the government plans to ban the app on security grounds.
ByteDance has said it will establish a U.S. subsidiary called TikTok Global of which it will own 80%.
Oracle and WalMart, however, have ...
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