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

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

China on Wednesday called the framework deal reached in Madrid to switch short-video app TikTok to U.S.-controlled ownership a “win-win” and said it would review TikTok’s technology exports and intellectual property licensing, in a state media editorial.

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