China says US TikTok deal a 'win-win', will review app's technology and IP transfers

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China has characterised the US-controlled ownership framework deal for TikTok as a "win-win," signaling potential confirmation during a scheduled call between Presidents Trump and Xi. The agreement, seen as crucial for future economic talks, involves transferring TikTok's US assets from Bytedance to US owners. China will review TikTok's technology exports and intellectual property licensing, potentially extending the deadline for finalisation.