A Chinese state media editorial backs a US-China agreement to keep TikTok available in the United States ahead of a call between the nations' leaders.

Investors on both sides of the Pacific are now waiting for the call scheduled for Friday between US President Donald Trump and Chinese President Xi Jinping in which the agreement reached in Madrid should be confirmed.

Progress over the popular social media app - which counts 170 million US users - is seen as key to facilitating further talks in the coming months as the world's two largest economies chart a path beyond their current tariff truce.

Reuters has reported the deal, transferring TikTok's US assets to US owners from China's Bytedance, is similar to an agreement worked out earlier in 2025, but which was shelved after Trump announc

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