China has suffered a major setback since the Indian government banned 59 apps, including TikTok. China has been in crisis due to this setback. According to a report in the Chinese newspaper Global Times, after 59 Chinese apps being banned by the Indian government, it is estimated that China could suffer a huge loss of at least $ 6 billion. According to the information of the Global Times report, after the deadly clash between the Indian and Chinese soldiers near the Ladakh border, which happened last month, the Indian government has expressed its displeasure and banned 59 apps from China. 

A source close to the matter has told the Global Times that the Chinese Internet company has been the most affected by this ban. Chinese Internet company ByteDance, the mother company of apps such as TikTok and Helo and it may have to bear a loss of at least 6 billion dollars which can cause a lot of damage to the Chinese government.

A source close to ByteDance has revealed that the company has invested more than $ 1 billion in the Indian market in the last few years and this ban imposed by the Indian government has stalled ByteDance's business, it will cause loss of at least 6 billion. This figure would outweigh the potential pitfalls of all other apps combined. TikTok is a small video-sharing platform by ByteDance and Helo is a social media platform that China created for India.

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