China says it hopes firms seek lawful, balanced solutions over TikTok deal
- - China says it hopes firms seek lawful, balanced solutions over TikTok deal
ReutersDecember 25, 2025 at 2:49 AM
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TikTok logo is placed on U.S. and Chinese flags in this illustration taken September 24, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
BEIJING, Dec 25 (Reuters) - The Chinese government would like to see companies reach solutions that comply with Chinese laws and regulations and balance the interests of all parties, a commerce ministry spokesperson said on Thursday when asked about the hand-over of TikTok's U.S. operations.
TikTok's Chinese owner, ByteDance, last week signed binding agreements to hand control of the short video app's U.S. operations to a group of investors, including Oracle, in a big step toward avoiding a U.S. ban and ending years of uncertainty.
"It is hoped that the U.S. side will work with China in the same direction, earnestly fulfill its corresponding commitments, provide a fair, open, transparent and non-discriminatory business environment for the continuous and stable operation of Chinese enterprises in the U.S.," spokesperson He Yongqian told a press conference.
(Reporting by Beijing Newsroom; Editing by Saad Sayeed)
Source: “AOL Money”
