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No clear confirmation from Beijing around TikTok deal with U.S.

CNBC · Just In
CNBC
CNBC
Just In

CNBC's Eunice Yoon joins 'Squawk on the Street' with the latest news on a U.S. deal around TikTok.

Breakdown
  • Chinese officials have not confirmed any TikTok deal with the U.S. 5s
  • The Chinese foreign ministry emphasized business negotiations must follow market rules and Chinese law. 15s
  • China's Commerce Ministry is reviewing the deal for compliance with export control rules. 41s
  • ByteDance has not responded to requests for comment. 1m 24s
  • Analysts suggest China's lack of confirmation is a typical approach to maintain leverage and flexibility. 1m 40s
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