SHANGHAI: US companies based in the financial hub of Shanghai said Washington’s planned ban on Chinese messaging app WeChat could badly hit their competitiveness and revenue should it apply to US firms and citizens in China, a survey showed on Aug 26.
The American Chamber (AmCham) in Shanghai said 88% of 142 respondents to a survey it conducted of firms subject to US jurisdiction this week expected negative impact on operations stemming from the loss of WeChat as a communication tool.
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