18-September-2025
Corporate News
 
China Says US TikTok Deal a 'Win-Win', Will Review App's Technology and IP Transfers
17-Sep-2025

China on Wednesday called the framework deal reached in Madrid to switch short-video app TikTok to U.S.-controlled ownership a "win-win" and said it would review TikTok's technology exports and intellectual property licensing, in a state media editorial. Investors on both sides of the Pacific are now waiting for a call scheduled for Friday between U.S. President Donald Trump and Chinese President Xi Jinping in which the agreement should be confirmed. Progress over the popular social media app - which counts 170 million U.S. users - is seen as key to facilitating further talks in the coming months as the world's two largest economies chart a path beyond their current tariff truce.

News Source:- https://money.usnews.com/investing/news/articles/2025-09-16/china-says-us-tiktok-deal-a-win-win-will-review-apps-technology-and-ip-transfers