China Urges US to Consider ’Balance of Interests’ in TikTok Deal Amid Broader Trade Talks
China's Commerce Ministry has reiterated its stance on the TikTok deal, emphasizing the need for a resolution that respects market rules and complies with Chinese regulations. The ministry's statement follows a phone conversation between former President TRUMP and Chinese President Xi Jinping, underscoring the geopolitical significance of the negotiations.
The outcome of these discussions could have far-reaching implications beyond TikTok, potentially influencing trade compromises in sectors like agriculture and aviation. With 170 million U.S. users, TikTok's fate is intertwined with the broader economic relationship between the world's two largest economies.
Chinese officials have called for a "win-win" framework, urging the U.S. to provide a fair business environment for Chinese enterprises operating abroad. The Madrid meetings earlier this week laid groundwork for further negotiations, with state media framing the progress as mutually beneficial.