China Approves TikTok Transfer Agreement: US Treasury Secretary Confirms Progress

Oct 31, 2025 12:19 am CST

US Treasury Secretary Scott Bessent has confirmed that China has approved the transfer agreement for TikTok, with implementation expected in coming weeks. The announcement follows a meeting between President Trump and Chinese leader Xi Jinping in Kuala Lumpur, marking a significant development in the ongoing negotiations over the popular short video platform.