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Trump Bans Transactions with 8 Chinese Apps Including Alipay

Reuters

   WASHINGTON - U.S. President Donald Trump on Tuesday signed an executive
   order banning transactions with eight Chinese software applications,
   including Ant Group's Alipay, the White House said, escalating tensions
   with Beijing before President-elect Joe Biden takes office this month.

   The order, first reported by Reuters, tasks the Commerce Department
   with defining which transactions will be banned under the directive and
   targets 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, a senior official told Reuters.

   A U.S. Tencent spokeswoman did not immediately comment.

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