US Treasury’s Bessent says China has approved TikTok transfer deal
PositiveWorld Affairs
In a significant development, US Treasury official Bessent announced that China has approved a deal for the transfer of TikTok, a popular app used by 170 million Americans. This approval marks a crucial step towards resolving the uncertainty surrounding the app's future, which has lingered for over 18 months. The deal could pave the way for a more stable operational environment for TikTok in the US, potentially alleviating concerns about data security and ownership.
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