U.S. firms could suffer from Washington's assault on Chinese tech companies: analysts

Photo taken on March 19, 2020 shows the interior of Tencent Beijing headquarters at the ZPark Phase 2 in Haidian District of Beijing, capital of China. -Xinhua/Ren Chao

BEIJING, Aug. 17 (Xinhua): The U.S. administration's restrictions imposed on Chinese tech companies could backfire and cause damage to U.S. firms, CNN has quoted analysts as saying.

As the United States has taken aim at leading Chinese tech corporations such as Huawei and ByteDance, analysts worried that if Washington takes fresh actions like forcing Apple to remove "untrusted" apps from Tencent, ByteDance and Alibaba from its App Store in China, Apple could suffer huge loss.