The US wants to own 50% of TikTok shares, and the Ministry of Commerce responds
2025-01-23 15:38:25

On January 23, the Ministry of Commerce held a regular press conference. Bloomberg reporter: Recently, the US Supreme Court ruled to support the ban on TikTok in the United States. The TikTok application was removed from the US and resumed service. At the same time, Trump signed an executive order to postpone the ban on the short video social media platform TikTok, and stated that TikTok needs to transfer 50% of its shares to American companies and the US government. What comments does the spokesperson have on this? He Yadong, spokesman for the Ministry of Commerce: China has always respected and safeguarded the legitimate rights and interests of enterprises, and opposed practices that violate the basic principles of the market economy and harm the legitimate interests of enterprises. I hope that the US side will listen more to the voices of enterprises and the public, provide a fair and just business environment for the development of enterprises from all countries, including Chinese companies, in the United States, and do more things that are conducive to economic and trade cooperation between China and the United States and the well-being of the people.
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