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China, U.S. reach consensus on TikTok operations, intellectual property rights

01:50

Both China and the U.S. have reached a basic consensus on resolving the TikTok issue, focusing on respecting business interests and market laws, said Wang Jingtao, deputy director of the Central Cyberspace Affairs Commission and the National Internet Information Office. Wang made the remarks at a press briefing following economic and trade talks with the U.S. in Madrid, Spain.

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