The Trump administration may take more measures against Chinese applications, as US Secretary of State (Mike Pompeo) said: The executive orders issued by the President (Donald Trump) against TikTok and WeChat could be broader than these two applications only. .
Pompeo did not elaborate, but his comments may indicate that the Trump administration is taking new measures against other Chinese apps or even its parent company, ByteDance, or Tencent, owner of WeChat.
Pompeo said in a speech in Prague, Czech Republic: When President Trump issued his announcement, it was not just about TikTok, but about WeChat, and if you read it, it is even broader than that.
“We will make sure that US data does not reach the hands of an adversary, such as the Chinese Communist Party, which we have seen how it uses data in western China that compete with the biggest human rights violations in human history,” he added.
Executive orders call both Tencent and ByteDance, and one of the executive orders prohibits any commercial operation of any person or entity or in connection with any property under the jurisdiction of the United States with BiteDance Company located in China or its subsidiaries.
Another executive order prohibits any commercial operation of any person or entity or in relation to any property under the jurisdiction of the United States with Tencent Corporation or its subsidiaries located in China.
Although the Trump administration’s executive orders are vague and do not define the meaning of the trade process, Pompeo’s comments, in which he mentioned these two specific matters, may be an indication that the measure could extend beyond the two aforementioned applications.
Pompeo’s comments come after Tencent executives played down the impact of Washington’s moves, and John Law said (John LoTencent CFO: WeChat and Weixin are two separate products. WeChat serves our international users, while Weixin serves our Chinese users.
“Based on our initial reading and subsequent press reports, the Executive Order focuses on (WeChat) in the United States and not on our other business in the United States, and we are looking for further clarification from the concerned parties in the United States,” he added.
The United States accounts for less than 2 percent of Tencent’s global revenue and less than 1 percent of total advertising revenue.
James Mitchell said (James Mitchell), Tencent Chief Strategist: He does not believe that US companies that advertise on Tencent platforms in China will be affected because the executive order only covers US jurisdiction.