Chinese Mainland Seeks Balanced Deal on TikTok’s US Joint Venture
The Chinese mainland’s Ministry of Commerce says TikTok’s US joint venture should comply with laws, balance interests, and support stable China-US economic and trade ties.
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The Chinese mainland’s Ministry of Commerce says TikTok’s US joint venture should comply with laws, balance interests, and support stable China-US economic and trade ties.
TikTok inks binding agreements with Oracle, Silver Lake and MGX to launch a U.S. joint venture, ensuring data security for over 170M American users.
The Ministry of Commerce of the Chinese mainland says leaders’ talks paved the way for a balanced solution for TikTok in the U.S., stressing respect for enterprise will and fair regulations.
Chinese mainland’s Ministry of Commerce reaffirms its stance on TikTok, emphasizing principles, corporate interests and fair trade in talks with the U.S.
From Madrid negotiations to market buzz, TikTok has become a strategic lever in China-U.S. talks, signaling both progress and the challenges ahead in tech and trade relations.
In Madrid, the Chinese mainland and the U.S. held candid trade and economic talks, reaching a framework to address TikTok issues, reduce barriers, and chart a fresh course for their ties.
After Madrid economic and trade talks, the Chinese mainland delegation briefs media on open, constructive discussions with the U.S., covering mutual concerns like TikTok.
U.S. Treasury Secretary Scott Bessent says the decision to extend TikTok’s U.S. sale deadline hinges on today’s talks, keeping global watchers on edge.
Treasury Secretary Bessent says ‘we will see’ on extending TikTok’s U.S. sale deadline, highlighting a pivotal moment in the global tech debate.
China and the U.S. kicked off economic and trade talks in Madrid, focusing on tariffs, export controls and TikTok’s future.