A TikTok building in Culver City, Calif., on March 17, 2023. Damian Dovarganes/AP PhotoChina has approved a transfer agreement with the United States for the popular TikTok social media app, U.S. Treasury Secretary Scott Bessent announced on Oct. 30.Chinese leader Xi Jinping told U.S. President Donald Trump at the beginning of their meeting in South Korea that he would agree to a deal made between Bessent and Chinese officials in Malaysia earlier this week, according to Bessent.
China Approved TikTok Transfer Deal, Bessent Says
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