China hails TikTok deal with US as 'win-win': Report
China called the new agreement to transfer TikTok's US operations from ByteDance to American-controlled ownership a "win-win", Reuters reported citing a state media. China will review the related technology exports and IP licensing of the app. Presidents Donald Trump and Xi Jinping are set to confirm the deal on Friday, reviving a previously shelved arrangement stalled by US tariff threats.