The comments come as ByteDance, TikTok’s Chinese parent company, last week signed binding agreements to transfer control of the short-video platform’s U.S. operations to a group of investors, including Oracle. The deal represents a major step toward averting a U.S. ban and ending years of regulatory uncertainty.
“It is hoped that the U.S. side will work with China in the same direction, earnestly fulfill its corresponding commitments, and provide a fair, open, transparent, and non-discriminatory business environment for the continuous and stable operation of Chinese enterprises in the U.S.,” ministry spokesperson He Yongqian said during a press conference.
The handover signals progress in navigating the complex geopolitical and regulatory tensions surrounding Chinese technology firms operating in the United States. Analysts note that a smooth transition could set a precedent for future cross-border technology deals.