Southeast Asia Information Port (www.dnyxxg.com) – Regarding the issue of TikTok establishing a new joint venture in the US, He Yongqian, spokesperson for the Ministry of Commerce of China, stated at a regular press conference on the 25th that the Chinese government hopes companies will reach a solution that complies with Chinese laws and regulations and balances interests.
A reporter asked: It has been reported that TikTok has signed agreements with three investors to establish a new TikTok US joint venture to ensure its continued operation in the US. What is the spokesperson's comment on this? He Yongqian made the above response.
He Yongqian stated that, in order to implement the important consensus reached during the phone call between the leaders of China and the US, the economic and trade teams of both sides previously reached a basic framework consensus on properly resolving issues such as TikTok through cooperation, based on mutual respect and equal consultation. The Chinese government hopes that companies will reach a solution that complies with Chinese laws and regulations and balances interests.
He Yongqian said that he hopes the US 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 continued and stable operation of Chinese companies in the US, and promote the stable, healthy, and sustainable development of China-US economic and trade relations. (End)
