And unfortunately for the CCP they fail #3
The bill doesn’t target the CCP, it targets a US subsidiary of a Singapore-based multinational.
unless the Chinese owners divest and all Chinese centralization for the company gets shut down
A rule that applies exclusively to the US subsidiary of TikTok.
It would be akin to passing a law that says @finitebanjo must have all of his possessions seized in the next nine months, because he took money from the Canadian government. Canada isn’t the target of the legislation and the scope of the legislation isn’t universal - it’s only assigning a punishment to a single domestic resident - and entirely on the grounds that the current chief executive doesn’t like Justin Trudeau.
But the subsidiary does.