The post China urged the US to consider “balance of interests” in TikTok deal appeared on BitcoinEthereumNews.com.

China reaffirmed its position on the future of TikTok in the United States on Saturday, a day after President Donald Trump said progress was being made toward shifting the app into American hands. The Commerce Ministry released a statement saying Beijing’s stance had not changed. “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,” the ministry said. The comments come after Trump and Chinese President Xi Jinping spoke by phone on Friday. The outcome of the discussions is seen as important not just for TikTok but also for broader trade talks. The short video app has 170 million users in the U.S., and its fate is linked to potential compromises in other areas such as agriculture and aviation, as the world’s two largest economies seek to move beyond their tariff standoff. The Commerce Ministry urged Washington to match China’s efforts “It is hoped that the U.S. side will work towards the same goal as China, earnestly fulfil its corresponding commitments, and provide an open, fair, equitable and non-discriminatory business environment for the continued operation of Chinese enterprises in the U.S., including TikTok,” the statement said. Earlier in the week, officials from both nations reached a framework agreement during meetings in Madrid. Chinese state media described the outcome as a “win-win,” while pledging to review TikTok’s technology exports and licensing of intellectual property. That arrangement cleared one of the hurdles set by U.S. lawmakers. Congress had mandated that TikTok be blocked in the United States by January 2025 unless its Chinese parent company, ByteDance, divested its American operations. Trump extended the divestiture deadline until December 16.…

---

Filed under: News - @ September 20, 2025 10:27 pm