China’s Ministry of Commerce Urges US to Ensure Fair Environment for Chinese Firms Amid TikTok Joint Venture Talks
In response to reports that TikTok has signed a deal with three investors to establish a joint venture in the US, He Yongqian, spokesperson for China’s Ministry of Commerce, expressed hope for a constructive outcome.
Speaking at a regular press briefing on Thursday, He underscored the Chinese government’s desire for solutions that comply with local laws and reflect a balanced consideration of interests.
He highlighted the importance of implementing the key consensus reached during the recent phone call between the two heads of state. Economic and trade teams from both sides have already established a basic framework for resolving issues related to TikTok through cooperation, grounded in mutual respect and equal consultation.
The spokesperson called on the US to align with China’s efforts and uphold its commitments by creating a fair, open, transparent, and non-discriminatory business environment for Chinese companies. This, He argued, is essential for maintaining stable operations in the US and fostering sustainable development in China-US economic and trade relations.
