On January 20, Foreign Ministry Spokesperson Mao Ning hosted a regular press conference.
A reporter asked, TikTok has resumed operations in the United States, but Trump said he hopes to reach an agreement in which the United States will have a 50% ownership in the company. What is China’s attitude towards reaching an agreement with Trump?
Mao Ning said that TikTok has been operating in the United States for many years and is deeply loved by American users. It has played a positive role in promoting employment and stimulating consumption in the United States. It is hoped that the US side will listen carefully to rational voices and provide an open, fair, just and non-discriminatory business environment for market entities from all countries to operate in the United States.
“We always believe that when it comes to corporate operations and acquisitions, they should be decided independently by the companies based on market principles. If Chinese companies are involved, they should comply with Chinese laws and regulations,” said Mao Ning.
China's Foreign Ministry has responded to Trump's suggestion that the US should have 50 percent ownership of TikTok
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