In a move that could reshape global digital trade, leaders of the Chinese mainland and the U.S. reached a basic consensus on TikTok's future.
The Ministry of Commerce of the Chinese mainland said in a statement Saturday that Friday night's phone call between top leaders laid the groundwork for resolving concerns around the popular short-video app. The agreement respects enterprise will and adheres to Chinese laws and regulations, balancing all sides' interests.
Amid U.S. scrutiny over data security and foreign ownership, TikTok's parent company has faced calls to divest or face a ban. By hashing out a framework that aligns with both nations' legal standards, the two sides aim to keep the platform's global community—boasting hundreds of millions of users—intact.
The ministry urged the U.S. to ensure a fair, just and non-discriminatory business environment for companies from the Chinese mainland, including ByteDance, to foster a stable, healthy and sustainable trade relationship. Observers say this consensus could signal a new era of cooperation on cross-border digital services.
As negotiations continue, the deal highlights how strategic diplomacy and corporate interests intersect in today's digital economy. For tech enthusiasts and global citizens alike, the outcome may set a precedent for how emerging apps navigate complex international regulations.
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China and U.S. reach basic consensus on TikTok: Ministry of Commerce
cgtn.com
