The United States and China have reached a framework agreement to switch short-video app TikTok to US-controlled ownership, top US officials said on Monday, with President Donald Trump set to speak with Chinese President Xi Jinping on Friday. US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer announced the agreement after a meeting between senior US and Chinese officials in Madrid, but declined to give any of the commercial terms of the agreement. Bessent told reporters that further details would wait to be determined in a call on Friday between Trump and Xi. Trump said on Monday that trade talks with China had gone very well and hinted that a deal had been reached to resolve issues the US has over TikTok ownership. “The big trade meeting in Europe between the United States of America, and China, has gone very well! It will be concluding shortly,” Trump wrote on his Truth Social platform. “A deal was also reached on a certain company that young people in our Country very much wante...
President Asif Ali Zardari reaffirmed on Sunday that Pakistan and China would continue to expand collaboration in defence production and aviation, further deepening their all-weather strategic cooperative partnership, according to a statement issued by the President’s Secretariat. Zardari, who is on a 10-day trip to China, asserted this during a visit to the the Aviation Industry Corporation of China (AVIC) — the country’s aerospace and defence conglomerate engaged in the design and production of a wide range of military and civilian aircraft, including J-10C fighter jets that Pakistan employed during an escalation with India in May. The use of these aircraft is said to have played a crucial role in shooting down India’s fighter jets, including Rafales, during the four-day escalation that ended with a ceasefire on May 10. The statement by the President’s Secretariat today said: “On the 128th day since the ceasefire with India, President Asif Ali Zardari, constitutionally the supreme commander of the armed for...