[Manthink]

I have a friend who worked in Tiktok before. Very good pay!

VERY. Chinese firms does not lack $ - Getting the RIGHT and REAL Talent is their drive now to internationalise.
Chew himself was hired by Xiaomi boss because of his finance ad investor background to help in the IPO
The reason and timing isn't a surprise as US tries to slow down Chinese successes, esp in the Internet and tech commercial sectors.
That is why we see TikTok, Baidu, Wechat got so politicised in the West..

Chew with Xiaomi boss, Lei Jun (雷军)