U.S. President Donald Trump has issued an executive order prohibiting transactions that use the well-known Chinese payment application Alipay. Trump mentioned the “pace and pervasiveness” of Chinese technological innovation offered a continuing menace to the U.S. nationwide stability, international policy, and economic climate.
“The United States ought to acquire aggressive motion from all those who establish or handle Chinese connected computer software applications to shield our nationwide stability,” the executive order mentioned.
The order also bans transactions involving “persons that establish or control” the applications WeChat, QQ Wallet, SHAREit, CamScanner, Tencent QQ, VMate, and WPS Workplace.
The order takes effect in forty five days. President-elect Joe Biden takes place of work on January 20. It is unclear how the Biden administration will interpret or enforce the ban.
“The United States has assessed that a number of Chinese connected computer software applications immediately seize vast swathes of data from tens of