The Chinese Communist Party has a new enemy, Chinese businessmen and startups. With TikTok facing a tricky choice in the US, that is either get banned or get sold, bite dance has moved towards a deal with the American tech giant Microsoft Cop. But the CCP is not happy, it has unleashed the 50 cent army against TikTok on the Chinese social media, while other Chinese startups promise to stand up with bite dance. Bite dance is not backing down, it has already lost the biggest user base in India and now it doesn't want to lose a prolific market in the United States. Bite dance remains firm on staying within the US, even if it means selling its American operations to Microsoft and giving the US government its cut in the deal. A TikTok Microsoft is a win-win deal for everyone except China. Bite dance gets a fair payout from Microsoft. Microsoft itself gets to challenge the internet ad goliaths like Google and Facebook by entering one of the largest social media spaces in the world. Why are TikTok and the Trump administration gets a cut in the deal. But it is China which loses an internet giant in the US. The CCP is irked with the US getting to profit here at the expense of a Chinese tech giant. Who shed in? Editor-in-chief of CCP mouthpiece Global Times Twitter. This is an open robbery. The world is watching and God is watching that how President Trump is turning the once great America into a rogue country. The CCP is directing criticism at the US to the state run media. The state owned daily Chinese newspaper Chinese daily has labeled a Microsoft TikTok deal as a theft of a Chinese tech company by the US. The CCP wants TikTok to resist from selling itself to Microsoft cop. China Delhi even stated TikTok must defend its rights legally. However, Bite dance has defied the CCP debt tax. It remains insistent on getting a good payout from Microsoft and thus maintaining a presence in the US. Bite dance says that it will remain committed to its vision to become a globalized company, notwithstanding the challenges that it is facing. On Monday, Bite dance founder and CEO Zhang Yiming addressed a letter to his employees which read, we face the real possibility of a force sell of TikTok's US business by CFI-US Committee on Foreign Investment in the United States or an executive order banning on the TikTok app in the US. Yiming also told his staff that the company initiated preliminary discussions with the tech company to help clear the way for us to continue offering the TikTok app in the US. The US general manager of TikTok, Vanessa Papas, has also made it clear that the app is not planning on going anywhere. Zhang also understands that in the present geopolitical circumstances, it doesn't really have a choice. Therefore, he said, we disagree with CFI-US's conclusion because we have always been committed to user safety, platform neutrality and transparency. However, we understand their decision in the current macro environment. Zhang's refusal to go by the CCP detats has led to an online fury in China directly targeting the Bite dance founder and CEO. The CCP has unleashed its 50 cent army consisting of hard internet commentators and bought accounts. All of them slandering Zhang for allowing the US to cause the sale of the Chinese apps US operations. The dominant narrative being built in Chinese social media apps like Weibo, tends to label the Bite dance founder as a traitor or an American agent. One such CCP troll said Zhang Yiming used to praise the US for allowing debate. Unlike in China, where opinions are one sided, now he got a slap in the face. Why doesn't he go argue with the US? Zhang is labeled a public intellectual. The term is apparently derogated in China. As CCP's keyboard warriors believe that public intellectuals are ignorant and pro-West. But there could be more setbacks in the offing for the Chinese Communist Party. Chinese startups and investors are more or less sympathetic with Bite dance. They seem to understand that a deal with Microsoft is the only way out for Zhang Yiming. William Baobing, a general partner at China Accelerator, a cross-border accelerator said they, which means by dance, are stuck between a rock and a heart-place. He added, we are in a fast-changing regulatory environment. I think the consumers would probably want to continue using the service and this is one potential way to make that happen. Obviously, I don't think it's what Bite dance really wants. Others like App in China, CEO Rich Bishop, seems to be even more comfortable with a Microsoft top deal. He said, I think it's a good outcome for all sides. Microsoft, of course, benefits hugely from getting into social media. Bite dance gets a good payout and bite dance and the Chinese government are relatively friendly towards Microsoft. The CCP owes its hegemony largely to its hold and control over the Chinese corporate giants. By dance is going in the US, it really seems that the CCP is now losing control over Chinese businessmen. It is for the first time the Chinese companies are standing up to CCP's bullying. As such, this could be one of the biggest blows to the CCP till date and with countries like India and the US continuing their onslaught against Chinese tech companies, we might witness even more fissures between the CCP and Chinese corporate majors.