China says TikTok deal with the US is a ‘win-win’
A Chinese state media editor supports a US-China agreement to keep Tiktok ready in the United States before a call among leaders of nations.
Investors on both sides of the Pacific are now planned to be held on Friday between US President Donald Trump and Chinese President Xi Jinping, which must be approved in Madrid.
The progress on the popular social media application, which counts 170 million US users, is seen as the key to facilitating more negotiations, since the world’s two largest economies have drawn a way beyond the current tariff ceasefire in the coming months.
Reuters reported the agreement by transferring Tiktok’s US assets to the US owners from China’s bayan, similar to an agreement made in 2025, but after explaining steep tariffs on Trump’s Chinese goods, he was shelved.
“China has reached the consensus on the US regarding the issue of Tiktok, because mutual respect is based on the principles of peaceful cooperation and win-win cooperation,” China is based on a comment. He said.
The article was signed “Zhong Sheng” or “China’s Voice”, a period in which the Communist Party of Management used to express its views on foreign policy.
“China will review Tiktok’s issues related to technology export and intellectual property licensing in accordance with the law,” he added.
After meeting with the Chinese negotiators in Madrid at the beginning of this week, US Treasury Secretary Scott Bessent said that on September 17, a deadline that could disrupt the application in the United States can be extended 90 days to allow the agreement to be concluded without further details.
Previously, Trump said that an agreement was accepted between the US and China to enable Tiktok to operate in the USA.
“We have an agreement on Tiktok… We have a group of big companies that want to buy it, Tr Trump said without further details to the White House briefing.
Li Chenggang, China’s International Trade Representative, said that they have reached a “basic framework consider” in order to solve journalists’ problems with the US and China as jointly, to reduce investment barriers and to encourage relevant economic and trade cooperation.
Bessent, CNBC, at the core of the commercial conditions of the agreement, since March, there are only a few details left, he said.
“This agreement will not be done without appropriate assurances for US national security,” Bessens said.
“It seems that we could meet the interest of China.”
CNBC, the agreement is expected to be closed within the next 30 to 45 days, and the agreement Tiktok’un Chinese -based parent bank and new investors will contain existing investors, he said.
The United States, Tiktok’s ownership by Bayta, said that the ownership of the Chinese government.
However, the company claims that US officials misunderstood their ties with China, and that the content suggestion engine and user data are stored on cloud servers operated by Oracle, while content control decisions affecting US users are made in the country.
With AP
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