BUSINESS Trump administration reassures US firms on using WeChat in China

BUSINESS

Trump administration reassures US firms on using WeChat in China

CGTN

10:45, August 22, 2020

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File photo: CGTN

The Trump administration is privately seeking to reassure U.S. companies, including Apple Inc., that they can still do business with the WeChat messaging app in China, Bloomberg reported on Friday, citing several people familiar with the matter.

This report came two weeks after U.S. President Donald Trump signed an executive order barring transactions with TikTok's parent company ByteDance and also Tencent, owner of WeChat, starting in 45 days.

China's Foreign Ministry said that it firmly opposes the U.S. ban on both companies, calling the U.S. move "blatant hegemonic acts," and vowed to defend the legitimate rights and interests of Chinese businesses.

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