At any point of the digital transition,…
US President Trump signed an executive order on the 5th local time to ban transfers with 8 Chinese apps, including Alipay, according to the latest exclusive reports from Reuters. The tech applications that Ross has described as barred by the administrative order include: Alipay, Search Almighty King, QQ Wallet, Eggplant Kuaizhuan, Tencent QQ, VMate, WeChat Pay, and WPS Office, according to Bloomberg reports. 45 days later, the ban took effect.
Reuters stated that this directive allows the US Department of Commerce to identify which transfers would be banned, and the targets are also Tencent’s QQ Wallet and WeChat Pay.
The article cited US officials as saying that the move was meant to curb the threat posed to Americans by Chinese software applications.
Subsequently, in a tweet, US Secretary of Commerce Ross said that he would urge the Department of Commerce to begin enforcing President Trump’s signed executive order barring commercial transactions with certain Chinese tech applications.
On August 6 last year, Trump signed an executive order alleging that the Douyin Overseas Edition and WeChat smartphone applications pose a danger to U.S. national security and will bar any American individual or agency after 45 days from Douyin Overseas Edition, WeChat and China. Any purchases are made by the parent firm.
At a daily press conference on August 7, Foreign Ministry Speaker Wang Wenbin responded to the relevant questions and said that the concerned firms perform commercial operations in the United States in compliance with market principles and international rules and comply with U.S. laws and regulations.