On that front, let's get to our Ununice Yun who's been covering this from the Beijing side. Hey Ununice. Hey guys.Well, like you said, there has been no clear confirmation out of Beijing. Uh the foreign ministry was asked about President Trump's Tik Tok announcement overnight and the ministry said the Chinese government respects the will of enterprises and is happy to see enterprises doing business negotiations on the basis of market rules and reaching a solution that meets China's laws and regulations and ...

ToplinePresident Donald Trump on Friday said Chinese President Xi Jinping gave “approval” for a deal that would keep TikTok online in the U.S., though Trump did not offer additional details on the talks. A deal is expected to include a controlling stake for billionaire Larry Ellison and Marc Andreessen’s capital venture firm.NurPhoto via Getty ImagesKey FactsTrump, writing on Truth Social following a phone call with Xi, said he and Xi “made progress on many very important issues” and specifically thanked Xi ...

Group 1 - The core issue revolves around the ongoing discussions between the U.S. and China regarding the potential sale of TikTok, with President Trump indicating that an agreement is close and that Chinese approval may be necessary [1] - On June 19, Trump signed an executive order extending the deadline for TikTok's sale by 90 days, allowing the app to continue operating in the U.S. until September 17 of this year, marking the third extension of this order [1] - The Chinese government has reiterated its stance on the TikTok issue, emphasizing that any decisions regarding the app should comply with Chinese laws and regulations [1][2] Group 2 - The Chinese spokesperson highlighted TikTok's positive impact on the U.S. economy, noting its popularity among American users and its role in job creation and consumer spending [2] - There is a growing belief among U.S. media that the likelihood of TikTok being banned in the short term is decreasing as the deadline extensions continue, despite some scrutiny of the executive order [2]