Friday, 31 October, 2025
China Greenlights TikTok Transfer Agreement, says US Treasury
US Treasury Secretary Scott Bessent confirmed that China has approved the transfer agreement for TikTok's US operations following a meeting between President Trump and Chinese leader Xi Jinping. Bessent stated that a resolution to the ongoing negotiations is expected in the coming weeks and months. The move addresses persistent US national security and data privacy concerns regarding the popular video app.
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