China sticks to its stance on TikTok’s US future after Trump call

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China stuck to its stance on the future of TikTok in the US on Saturday, a day after President Donald Trump said a deal to switch short video app TikTok to US-controlled ownership was progressing.

“China’s position on TikTok is clear: The Chinese government respects the wishes of the enterprise, and welcomes it to carry out commercial negotiations in accordance with market rules to reach a solution compliant with China’s laws and regulations, and strikes a balance of interests,” China’s Commerce Ministry said in a statement, reiterating a position it…



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China sticks to its stance on TikTok’s US future after Trump call



China stuck to its stance on the future of TikTok in the US on Saturday, a day after President Donald Trump said a deal to switch short video app TikTok to US-controlled ownership was progressing.

“China’s position on TikTok is clear: The Chinese government respects the wishes of the enterprise, and welcomes it to carry out commercial negotiations in accordance with market rules to reach a solution compliant with China’s laws and regulations, and strikes a balance of interests,” China’s Commerce Ministry said in a statement, reiterating a position it…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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