US EditionTikTok's Transcontinental Tug-of-War: A Path to Resolution
China urges the U.S. to honor commitments and ensure a fair, transparent environment as ByteDance transfers TikTok U.S. control to an Oracle-led group to avoid a ban.
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China Urges US To Work In The 'Same Direction' As ByteDance Hands Over Control Of TikTok's Operations To Oracle-Led Group - Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG)
China urged the U.S. to cooperate and ensure fair treatment as ByteDance agreed to hand control of TikTok's U.S. operations to an Oracle-led group to avoid a ban, while also outlining plans to boost AI investment amid ongoing U.S.-China tech tensions.
China says it hopes firms can reach lawful, balanced solutions in wake of TikTok deal
Beijing voices hope US will offer 'fair, open, transparent, nondiscriminatory' business environment for Chinese firms after TikTok agreed to sell its US operations to American-led joint venture - Anadolu Ajansı
China says it hopes firms seek lawful, balanced solutions over TikTok deal
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 investor…
TikTok's Transcontinental Tug-of-War: A Path to Resolution
TikTok's Transcontinental Tug-of-War: A Path to Resolution The Chinese government has expressed its desire for companies to find solutions that align with Chinese laws and maintain equilibrium between involved parties. This follows TikTok's owner's, ByteDance, recent agreements to transfer U.S. operations control to a group of investors, including Oracle.This move signifies a major step toward circumventing a potential U.S. ban on the popular sh…
Buenos Aires, 26 December (NA) — The Chinese Government expressed its expectation that the parties involved would reach a solution on the situation of TikTok that would comply with Chinese laws and regulations and allow for a balance of interests among all actors. As stated by the spokesman for the Chinese Ministry of Commerce, He Yongqian, during a press conference, when consulted by reports that TikTok would have signed agreements with three i…
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