Trump signs executive orders

Trump signs executive orders
US President Donald Trump on Friday signed an executive order banning transactions with eight Chinese apps, including Alipay, according to an exclusive report from Reuters.

The order requires the us department of commerce to define which transactions will be banned, while Tencent’s QQ wallet and WeChat payments are also targets, the report said.

It quoted US officials as saying the move was aimed at curbing the threat posed to Americans by Chinese software applications.

Trump signed an executive order on August 6 last year saying that mobile apps douyin overseas edition and WeChat posed a threat to national security and would ban any transactions between any us person or entity with douyin overseas edition, WeChat and its Chinese parent company for 45 days. Foreign Ministry spokesman Wang Wenbin said in response to a question at a regular press conference on August 7 that relevant companies conduct business activities in the US in accordance with market principles and international rules and abide by US laws and regulations. The US frequently uses its national power to unjustifiably suppress non-US companies on the pretext of national security. This is a blatant act of bullying. China is firmly opposed to it.

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