China's Kuaishou rolls out measures to help exporters expand domestic market

Reuters
04-18
China's Kuaishou rolls out measures to help exporters expand domestic market

BEIJING, April 18 (Reuters) - Kuaishou Technology 1024.HK on Friday announced measures to help exporters in China expand their domestic markets, becoming the latest such firm to do so amid an escalating U.S.-China trade war.

Measures include providing internet traffic and subsidies for qualified export products, the company said in a statement.

Kuaishou, a major Chinese short video platform, is often seen as a rival to Douyin, TikTok's sister app in China.

(Reporting by Beijing Newsroom;Editing by Alison Williams)

((Shi.Bu@thomsonreuters.com;))

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