Market
TikTok 50% stake deal with U.S. government finalized by March 31, 2025?
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Resolution / Starting Odds
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Official announcements from TikTok or the U.S. government, major news outlets
Story
China Urges U.S. to Consider 'Rational Voices' on TikTok's Resumption Amid Trump's Proposed 50% Stake Deal
Jan 20, 2025, 09:20 AM
China has urged the United States to consider 'rational voices' regarding the ongoing discussions about TikTok's status in the U.S. market. Following TikTok's resumption of service in the U.S., Chinese Foreign Ministry spokesperson Mao Ning emphasized the need for the U.S. to create an open, fair, just, and non-discriminatory business environment for market entities. This call comes amid proposals from President-elect Donald Trump for a deal that would grant the U.S. a 50% stake in a joint venture with TikTok. Multiple sources have reported on China's appeal for the U.S. to listen to reason in the context of the TikTok ban.
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