US President Donald Trump has signed an executive order banning transactions with eight Chinese software applications, escalating tensions with Beijing before President-elect Joe Biden takes office.
The order, first reported by Reuters, tasks the Commerce Department with defining which transactions will be banned under the directive and targets Ant Group's Alipay, Tencent Holdings Ltd's QQ Wallet and WeChat pay as well.
The move is aimed at curbing the threat to Americans posed by Chinese software applications, which have large user bases and access to sensitive data, the official said.
H.H. Sheikh Mohammed highlights expansion of economic ties with Africa
Abu Dhabi Airports posts strong passenger, cargo growth
New deal with Microsoft values OpenAI at $500 billion
Apple races past $4 trillion market value
Amazon targets as many as 30,000 corporate job cuts, sources say
