China-US tech war: Trump’s ban on Alipay and WeChat Pay another problem for Biden to deal with


Biden will be sworn into office in two weeks and it is not clear whether he plans to implement Trump’s new order, which is meant to take effect in 45 days. Alipay has more than one billion users and 80 million merchants in China but the app was only downloaded 207,000 times in the US last year. — SCMP

US President Donald Trump’s new executive order banning transactions with eight Chinese apps, including Alipay and WeChat Pay, marks the latest escalation of the US-China tech war and will be a problem the incoming Biden administration will need to manage, analysts said.

President-elect Joe Biden will be sworn into office in two weeks and it is not clear whether he plans to implement this order, which is meant to take effect in 45 days.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

OpenAI CEO Altman dismisses Moltbook as likely fad, backs the tech behind it
Intel CEO says company will make GPUs, popularized by Nvidia
Alphabet plans major India expansion as US tightens visa rules, Bloomberg News reports
Blackstone's Gray says AI disruption risk is 'top of the page' for us
German voice actors boycott Netflix over AI training concerns
Palantir rallies after bumper quarter fueled by US defense spending
White House meeting fails to resolve US crypto legislation stalemate
Disney taps parks head Josh D'Amaro as CEO to lead post-Iger era
Western Digital adds $4 billion to buyback plan as AI boosts memory chip sales
Greece to soon announce social media ban for children under 15, government source says

Others Also Read