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US businesses worry that the WeChat ban could harm businesses



US companies with Chinese fortunes are against the Trump administration’s plan to limit business transactions related to Tencent Holdings Ltd.’s WeChat app, saying it could undermine the possibility. Their competitiveness in the world’s second largest economy.

More than a dozen major U.S. multinationals raised concerns in a call with White House officials on Tuesday over the vast scope and impact of Mr Trump’s executive order on WeChat, which will be Take effect late next month.


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