Reuters
US President Donald Trump signed an executive order on Tuesday banning eight Chinese software applications, including Alipay of Ant Group, a subsidiary of Chinese billionaire Jack Ma.
And in its final weeks before US President-elect Joe Biden took office on January 20, President Donald Trump’s administration has escalated its tough stance on China.
Relations between the world’s two largest economies have been increasingly tense amid a series of disputes over issues including trade and human rights.
The US Commerce Department placed dozens of Chinese companies on its trade blacklist in December, accusing Beijing of using its companies to harness civilian technology resources for military purposes.
Source: Reuters
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