Golden Finance reported that on January 19, Beijing time, US President-elect Trump announced that he would issue an executive order on Monday to extend the time before TikTok’s “sell or ban” law takes effect so that an agreement to protect national security can be reached. Before the order is issued, any company that helps TikTok continue to operate will not bear any responsibility. Trump plans to set up a joint venture in which the United States owns 50% of the shares, which will ensure control of TikTok and allow it to continue operating. It should be noted that Bytedance has stated many times before that it will not sell TikTok’s US assets. (China Business News)