Core Viewpoint - The Chinese government's reaction to the TikTok deal indicates a belief that the joint venture with Oracle will proceed, as it aligns with Chinese law and does not involve the sale of the algorithm, which remains under ByteDance's ownership [2][4]. Group 1: Chinese Government's Position - The Chinese foreign ministry has not provided detailed comments on the TikTok deal, maintaining a consistent stance that aligns with their legal framework [1][2]. - A Beijing professor has stated that the joint venture is compliant with Chinese law, emphasizing that Oracle will only review the algorithm without the ability to copy it [2][3]. Group 2: Implications for US-China Relations - The TikTok deal is viewed as a non-strategic concession from China to maintain a favorable relationship with President Trump, who may benefit politically from the deal [4][5]. - The joint venture is perceived as a gesture to appease the US, despite the ongoing tariffs, indicating a complex dynamic in US-China trade relations [10][12]. Group 3: Market Reactions - Oracle's shares have surged following the news of the joint venture, suggesting positive market sentiment towards technology stocks amid recent pressures [6][8]. - The overall technology sector is seen as healthy, with the deal potentially reviving trade relations that had recently soured [7][8].