China remains clearly calm after the announcement of the Trump Tiktok deal

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After US President Donald Trump agreed to a deal that could keep Tijook alive in the United States on Thursday, China remained clearly calm – remarkable silence because Beijing still can eventually determine the fate of the application.

Chinese government media remained silent about the deal, while social media discussion was limited. One followed the state Weibo account He cited a professor at the University of Foudan, who described the agreement as a “victory” for both countries.

While signing an executive order on the deal, Trump said he had “received a foot” from Chinese President Xi Jinping.

There were no representatives from Bytedance in the signature, and he did not respond by bydance and the Chinese embassy in Singapore for CNBC’s comments requests.

Meanwhile, some details about the deal remain unclear. On Friday, the Chinese company Media Outlet Lastpost stated that Tiktok Us operations will be divided into two companies, citing unnamed sources.

A new joint skill company, which was placed in Trump’s executive order on Thursday, will supervise the American business, data and algorithm in Tijook, while keeping its China -taken owner in China, maintaining a share of less than 20 %.

According to this, this would fulfill the requirements of the American National Security Law, which requires the completion of the disposal of American Tiktok operations or an effective ban in the country.

Bytedance will also create a new American company responsible for e -commerce, advertising the brand and managing relations with international Tiktok operations, according to LastPost, noting an unknown sources.

Do not take Tiktok Deal National Security Fears: JP Morgan

The fate of Tiktok in the United States has long been commented in balance, with legislators warning against both major political parties that Beijing could get sensitive data or use Tiktok to influence public opinion.

Five American adults now get news about Tiktok, up from only 3 % in 2020, according to PEW research reconnaissance It was released on Friday.

Earlier this year, the Supreme Court supported a law to prohibit the application unless it was injured. The first deadline in January was, but through executive orders, Trump has extended the deadline several times when he sought an agreement.

Trump said first that something had agreed to suggest tiktok Earlier this month After a call for about two hours with the Chinese leader. However, it seemed that reading the call from Beijing tells a little different story.

“He will be happy to see fruitful trade negotiations in line with the market rules that lead to a solution that is compatible with the laws and regulations of China and takes into account the interests of both sides.”

Xi also asked the United States to “refrain from imposing commercial restrictions unilaterally” and “providing an open, fair and non -discriminatory environment for Chinese investors.”

The latest TIKTOK negotiations come amid broader trade talks between Washington and the United States, with expectations that the platform can be used as a negotiating point.

but, Some experts CNBC recently told China has a very little incentive to allow fair investments.

The potential deal can also face legal challenges in the United States if it contradicts the conditions for getting rid of the conditions stipulated in the TIKTOK law or the laws supported by the Supreme Court in January.

Speaking of “Squawk Box ASIA” at CNBC, James Sullivan of JP Morgan said that the Tiktok deal that suggested from Trump lacked clarity about who controls the algorithm, leaving the open national security concerns.



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