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China sticks to its stance on TikTok’s US future after Trump call

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China stuck to its stance on the future of TikTok in the US on Saturday, a day after President Donald Trump said a deal to switch short video app TikTok to US-controlled ownership was progressing.

“China’s position on TikTok is clear: The Chinese government respects the wishes of the enterprise, and welcomes it to carry out commercial negotiations in accordance with market rules to reach a solution compliant with China’s laws and regulations, and strikes a balance of interests,” China’s Commerce Ministry said in a statement, reiterating a position it…

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