US-China Thaw Gains Momentum With TikTok Deal, Diplomatic Push
Chinese Premier Li Qiang
Photographer: Stefan Wermuth/BloombergThe US and China took further steps to stabilize ties on Thursday, with Premier Li Qiang appealing for partnership in New York and President Donald Trump advancing a deal in Washington to resolve the TikTok dispute.
Speaking on the sidelines of the United Nations General Assembly, Li told a group of top US executives the world’s two largest economies “can and should become friends and partners.” The remarks were followed hours later by Trump’s approval for American investors to buy TikTok’s US operations from its Chinese owner ByteDance Ltd., a deal that would keep the service alive in the US and remove an irritant in relations.