Monday, October 2, 2023

Chinese payment apps banned

By DAC000 , in China Fintech , at January 7, 2021 Tags: ,

by outgoing US President Donald Trump, citing concerns about “data security”. About a two minute read.

Comment: There is a history of The United States banning technology American corporations can’t compete with e.g., Huawei. Unfortunately I don’t expect this situation to get any better with the incoming Biden administration as American continues to face Chinese challenges for economic supremacy across a variety of dimensions.