Trump bans Alipay and seven other Chinese apps

[Kong Hey Pakboy]

Not certain how long these bans will remain in effect. Biden could overturn these executive orders the second he assumes office?
Perhaps this could influence china into taking a less harsh stance on crypto exchanges and mining in the country. If Trump bans all of china's fiat apps then bitcoin and crypto would be the only things they had left?

India already banned over 50 Chinese application in the past few months and it was expected other countries to follow suit because the reason they said about the ban is security reasons. To be frank taking strict action on cryptocurrency exchanges will not help anyone as the business is run by their citizen which will help in providing more jobs and the crypto space has nothing to do with any specific country.
 

Like in the US, Trump also stated that he had banned Alipay and seven other Chinese apps because it threatens their national security. But do you think Trump and India banned these Chinese apps for protecting their security or due to different reasons that they don't want China to have a better economy because many people are into their products nowadays?

[jaberwock]

Not certain how long these bans will remain in effect. Biden could overturn these executive orders the second he assumes office?
Perhaps this could influence china into taking a less harsh stance on crypto exchanges and mining in the country. If Trump bans all of china's fiat apps then bitcoin and crypto would be the only things they had left?

India already banned over 50 Chinese application in the past few months and it was expected other countries to follow suit because the reason they said about the ban is security reasons. To be frank taking strict action on cryptocurrency exchanges will not help anyone as the business is run by their citizen which will help in providing more jobs and the crypto space has nothing to do with any specific country.

China wouldn't have "only thing left crypto" for probably another century at least. Hate them all you want, I hate them too, and I really hope to see CCP finally done and a fair democratic election to take place before I die.

However these people literally allowed their citizens to die working too harsh conditions and for very cheap, making stuff to the whole world for decades and ended up rich as a whole nation and improved everything later on, the salaries, the conditions, everything got better, it is still cheap because they can mass produce very easily, but it was literally hell there for decades in order to become what they have become, you will not destroy a whole manufacturing hub of the entire world by just not allowing few apps.

In fact if you removed every single line of code from china, they would still be capable of living with the power they have on other sectors (unfortunately to the rest of the world).

[stompix]

Biden will undoubtedly have to fix a lot of what Trump did. T

Hmm, how about he starts by fixing other things first?
Like the banning of Google, Wikipedia, Facebook, Youtube, and others?
Everyone starts shouting when the US bans a Chinese application but nobody even dares say a word about how Americans apps are treated in China.
Double standards much?

America must prove that as a democracy it must be an example for all countries, otherwise it does not deserve to be called a democracy that upholds freedom of interaction.

America must prove ****.
The other countries should stop just looking at the US as an example and start copying the good things before pointing out the flaws.
What can a democracy prove to a communist dictatorship?
Words and discussions have had no effect, China bans everything when it wants not giving a damn, maybe it's time to fight fire with fire, ban the companies as they do, make the same rules for stockholders and ownership, ban foreign companies from accessing government funds or programs or contracts like in China and that's when the things will start changing for everyone, not just for a half.

The Chinese in turn will ban or block American social media companies and it will just cancel out the banning of Chinese payment platforms. The same thing happened with the trade restrictions and many American companies suffered as a result of that.  

Yeah, I bet every social media company in the US is so concerned about this. They might ban them all but it will take some time, they first have to unban them!  
What will be the next step, ban US banks in China? Or Visa and Mastercard
Happy banning, that's when they will manage to find something they haven't yet banned.

[RealMalatesta]

Like in the US, Trump also stated that he had banned Alipay and seven other Chinese apps because it threatens their national security. But do you think Trump and India banned these Chinese apps for protecting their security or due to different reasons that they don't want China to have a better economy because many people are into their products nowadays?

Are they really two different things? Are we sure about that? I mean obviously we can say that having a chinese application used by millions of americans is a dangerous thing because in coding you could get as much information about people as you can, which tiktok was condemned and nearly got banned for, and alipay and other apps do get information as well, maybe not as much as tiktok but they still do. Looking at alipay, they will not die just because americans do not use it, they will still be great, but at the end of the day there will be a small hit financially too.

But when I look at china, I do not see everyone using facebook, twitter, instagram or other american apps, if they do not use it, and make their own alternates, why do americans are forced to use chinese ones? It is a double edged sword, chinese ban american apps, and americans ban chinese apps, it is that simple. It both allows countries to be safe, but also do not allow other nations make money from it.

[Mauser]

This started with India, because it is the first Country to make bans over large number of Chinese applications under use. Following India's decision USA made its ban list for Chinese applications. It counts more number of popular applications, and the same has made the Chinese information technology market got a big blow.

Now Trump has made it an order to be executed. However the new government might have different plans. Upon that the ban list can increase or else the ban will be taken by the new government.

It's kind of sad that India had to start with these bans and not the western countries. China is banning western apps like Facebook or WhatsApp for years. In my opinion all countries should ban Chinese apps until they open up their market. It can't be the case that they close them self's off but want access do everybody else.

[1l1l11ll1l]

This started with India, because it is the first Country to make bans over large number of Chinese applications under use. Following India's decision USA made its ban list for Chinese applications. It counts more number of popular applications, and the same has made the Chinese information technology market got a big blow.

Now Trump has made it an order to be executed. However the new government might have different plans. Upon that the ban list can increase or else the ban will be taken by the new government.

It's kind of sad that India had to start with these bans and not the western countries. China is banning western apps like Facebook or WhatsApp for years. In my opinion all countries should ban Chinese apps until they open up their market. It can't be the case that they close them self's off but want access do everybody else.

Agree, I think the Chinese are too arbitrary in their country and business matters. at least if they want to do business, then do business in a good manner. I'm not sure that Biden will be like Trump, maybe Biden will be more open with China on this, let's see

[thienlonghue]

Following the ban on Tiktok, it seems Trump finally remembers embargoing Chinese tech companies. This will certainly make it difficult for President Biden's efforts later

[Findingnemo]

Biden is not actually an anti Chinese President that is why Trump is trying to make the things more difficult for the new president. I don't think these bans are going to be permanent for sure.

[Darker45]

Biden is not actually an anti Chinese President that is why Trump is trying to make the things more difficult for the new president. I don't think these bans are going to be permanent for sure.

On what basis do you say that Biden is actually not an anti-Chinese president? At the very least, Biden has called China's Xi a "thug."

Well, I am not hoping that Biden will be anti-Chinese for the sake of being anti-Chinese but he really needs to stand up against China in so many aspects. Analysts are saying that Biden is most probably pursuing a multilateral approach as regards China as compared to Trump's unilateral approach.

Either way, Biden cannot afford to condone China's decisions and actions in so many things whether at home, at the region, or at the international stage if he doesn't want the power of China to grow uncontrollably.

[mezzaluna]

US President Donald Trump has signed an executive order banning transactions with eight Chinese apps.

The apps include popular payments platform Alipay, as well as QQ Wallet and WeChat Pay.

The order, which takes effect in 45 days, says that the apps are being banned because they are a threat to US national security.

It flags the possibility that the apps could be used to track and build dossiers on US federal employees.

Tencent QQ, CamScanner, SHAREit, VMate and WPS Office are also included within the order, which only kicks in after Mr Trump has left office.

"The United States must take aggressive action against those who develop or control Chinese connected software applications to protect our national security," the order said.

President Trump's order says "by accessing personal electronic devices such as smartphones, tablets, and computers, Chinese connected software applications can access and capture vast swaths of information from users, including sensitive personally identifiable information and private information."

The Trump administration has ratcheted up pressure on Chinese companies in its final months in office, including those it considers a national security risk.

President Trump has signed executive orders against a range of Chinese firms arguing they could share data with the Chinese government.

Chinese social media app TikTok and telecoms giant Huawei have been among the casualties of Washington's crackdown.

Last month, the Commerce Department added dozens of Chinese companies, including the country's top chipmaker SMIC and drone manufacturer DJI Technology, to a trade blacklist.

The administration also restricted a number of Chinese and Russian companies with alleged military ties from buying sensitive US goods and technology.

China has consistently denied claims that these firms share their data with the Chinese government and has responded by imposing its own export laws restricting the export of military technology.

In August, the US ordered ByteDance, the owner of social media app TikTok, to either shut down or sell off its US assets.

Despite missing a deadline to complete the sale, the US is yet to shut down the app and negotiations continue over its future.

Delisting debacle

The latest ban comes as the White House quietly pushed the New York Stock Exchange (NYSE) to consider a second U-turn on its decision to delist three Chinese telecoms giants.

Last week the NYSE announced it would delist the China Mobile, China Telecom and China Unicom in line with another executive order.

On Monday, however, the NYSE reversed that decision, announcing it had decided not to delist the three companies after further consultation with US regulators.

The NYSE made the decision based on ambiguity about whether the securities were actually covered by the order.

However, the exchange has come under pressure over its decision.

The US Treasury Secretary Steven Mnuchin called the NYSE President Stacey Cunningham to tell her he disagrees with the decision, according to Reuters.

Republican Senator and China hardliner Marco Rubio has also spoken out, saying that the NYSE's refusal to delist the companies was an "outrageous effort" to undermine the President's executive order.

The NYSE is owned by Atlanta-based Intercontinental Exchange (ICE), which is run by billionaire Jeffrey Sprecher.

His wife Kelly Loeffler is one of two Republican senators facing run-off elections on Tuesday in Georgia.

https://www.bbc.com/news/business-55555269

....


Not certain how long these bans will remain in effect. Biden could overturn these executive orders the second he assumes office?

Perhaps this could influence china into taking a less harsh stance on crypto exchanges and mining in the country. If Trump bans all of china's fiat apps then bitcoin and crypto would be the only things they had left?

China has announced bans on cryptocurrency exchanges and cryptocurrency mining in the past. With mixed enforcement and results.

It would just affect China more greatly than the USA because as of the current situations, USA is still has the more stable Economic Chart. The Chinese Government just really hate Cryptocurrencies for some reason that is still unknown but imo, they are scared of Cryptocurrencies because they cannot control it. Biden would likely overturn this if the congress or senators would propose that this would help their power in achieving greater economical status.

[Gozie51]

Does Congress have to vote it in, has it already or is the US president just allowed to make laws like this?

It's possible Biden will pull it put if it wasn't on the advice of the security council (or whatever its called) but banning some Chinese companies from operating over there (it's just a like for like exchange) .

This maybe Trump's idea of serving it back to the Chinese because of the covid-19 issue with China as fingered to know what happened about it. Trump is about leaving office and this is coming now whether executive order or not, it may look like a way to make the companies go down in US. Whether Biden will reverse it depends on the legitimacy of the action anyway. Politics is about making friends and enemies.

[Reid]

If it's not about business then he might be trying something else.
Maybe China's madness in a higher form for a worse government when Biden sits.
I heard some goals from Biden about health, Covid-19, and banning entertainment industries until everything is clear but never about China.
I guess we will just see how he will react to this. It's near. Thank goodness.

[iv4n]

Biden will undoubtedly have to fix a lot of what Trump did. T

Hmm, how about he starts by fixing other things first?
Like the banning of Google, Wikipedia, Facebook, Youtube, and others?
Everyone starts shouting when the US bans a Chinese application but nobody even dares say a word about how Americans apps are treated in China.
Double standards much?

America must prove that as a democracy it must be an example for all countries, otherwise it does not deserve to be called a democracy that upholds freedom of interaction.

America must prove ****.
The other countries should stop just looking at the US as an example and start copying the good things before pointing out the flaws.
What can a democracy prove to a communist dictatorship?
Words and discussions have had no effect, China bans everything when it wants not giving a damn, maybe it's time to fight fire with fire, ban the companies as they do, make the same rules for stockholders and ownership, ban foreign companies from accessing government funds or programs or contracts like in China and that's when the things will start changing for everyone, not just for a half.

The Chinese in turn will ban or block American social media companies and it will just cancel out the banning of Chinese payment platforms. The same thing happened with the trade restrictions and many American companies suffered as a result of that.  

Yeah, I bet every social media company in the US is so concerned about this. They might ban them all but it will take some time, they first have to unban them!  
What will be the next step, ban US banks in China? Or Visa and Mastercard
Happy banning, that's when they will manage to find something they haven't yet banned.

Stompix some of your comments amaze me! I like to read you, and I often think about where you get all relevant informations!?

And now Trump is in trouble! We will see some changes pretty soon with this change, do you agree? I wonder what you think about those changes? What we can expect from US in the next 4 years?

What's more important, I would like to ask you what you think about the next big war... what you think can there be a war between US and China, or some other conflict that will pull US and China into the war?
I like your insights, so I would like to hear your opinion about this! I think this is not an off-topic comment, all this fuzz lasts for some time already, and that will results somehow... I wonder what is your opinion about that?!

[stompix]

Stompix some of your comments amaze me! I like to read you, and I often think about where you get all relevant informations!?

Simple rule, research a bit before posting something, and sometimes I get it right and sometimes I fail majestically at it 
And oh god, I did post some stupid things that will haunt me forever!

But back to the story at hand, to try to get a better picture of any conflict you would have to put yourself in both positions
- I am an American and I want to hurt China at most, what can I do with this move and how can they retaliate?
- I am Chinese and I want to avoid this new ban, how can I do it and how can I retaliate?

If after 20 minutes you've not gone mad and angry at the whole world probably you have a better view than most people who simply throw words around and you have realized that China can't retaliate because they were the first to ban everything American!

What's more important, I would like to ask you what you think about the next big war... what you think can there be a war between US and China, or some other conflict that will pull US and China into the war?

As I said, huge disclaimer, I was wrong a lot of times before and I might get proven wrong tomorrow!

But for the war, I doubt there will be any, and it's exactly because of the points above, we have two countries that would love to make the other feel the pain but at the same time, they lack a method of doing so without hurting themselves. The US and China are now living the nightmare that powers in Europe have struggled with for ages, we go to war, it's pretty damn easy but god help us how much we have to lose even if we win!!!!

China can't afford an economical war as imports and exports are its best weapons at this time, they can't afford to strike the US now that Europe hopes to rebuild relations, no matter what manufacturer powerhouse China is one must take a second look at some numbers, China might have 2.6 trillion in exports but Germany alone has 1.8, and suddenly someone is not that all that overpowered 
No, China has no way of getting to war, a weaponized or an economical war and they know it.

Same on the other side, the US under the democrats can't do it either because everyone would look at them and say, f** you, you're doing what Trump would have done and you were telling all the world how bad he was. No, they have no choice that at least for a year or two to leave the whole China mess as it is and not touch the subject even one bit.

So, what's next? Well, a big boring nothing! 

[metenjean]

Don't worry just few week later Donald Trump left his position as United State president and now he will make many controversial way to change some thing big where not support him at the election time last year, we know how trump fired many minister because not want investigating about election result and claimed his competitor Joe Bidden cheating, I think not give anything with bans Alipay because when Joe Bidden become United President will be legal back.

[bryant.coleman]

Don't worry just few week later Donald Trump left his position as United State president and now he will make many controversial way to change some thing big where not support him at the election time last year, we know how trump fired many minister because not want investigating about election result and claimed his competitor Joe Bidden cheating, I think not give anything with bans Alipay because when Joe Bidden become United President will be legal back.

It will not be very easy for Joe Biden to reverse the ban. If he does so, then he will fall into the trap that was set by Trump. In reality Trump isn't much concerned about Alipay or any other Chinese app. He wants to create a difficult situation for Biden, who received a lot of funding from the Chinese corporations. If Biden reverse the ban, then the GOP will accuse him of being pro-China. If he refrains from it, then his Chinese supporters would be angry.

[zanezane]

It will not be very easy for Joe Biden to reverse the ban. If he does so, then he will fall into the trap that was set by Trump. In reality Trump isn't much concerned about Alipay or any other Chinese app. He wants to create a difficult situation for Biden, who received a lot of funding from the Chinese corporations. If Biden reverse the ban, then the GOP will accuse him of being pro-China. If he refrains from it, then his Chinese supporters would be angry.

If that were really the case, then I think that it is a really good move although a spineless one at that. I think that the only to reverse a ban without the backlash is to explain how this list does not compromise the security of their country in anyway. Also, improving their security on the cyberspace should have been the priority to make sure that even if there such things, a simple cyber attack is impossible to commit.

[yhiaali3]

Of course, Trump made many wrong decisions during his presidential term, and I think it is almost certain that the new administration will cancel these decisions because they are not in line with the American interest. China is an economic giant and fighting it in this failed way will lead to an increase in problems between the two countries and harm the already tired American economy, It is possible that China will resort to taking counter-measures if the new US administration does not cancel these decisions.

[iv4n]

...
So, what's next? Well, a big boring nothing! 

In some way it's a big boring nothing, in the other it's probably maintaining the current state, which suits everyone! That is what they do, fooling people around!
I like your point of view, and maybe that's the real situation:

But for the war, I doubt there will be any, and it's exactly because of the points above, we have two countries that would love to make the other feel the pain but at the same time, they lack a method of doing so without hurting themselves. The US and China are now living the nightmare that powers in Europe have struggled with for ages, we go to war, it's pretty damn easy but god help us how much we have to lose even if we win!!!!

Nice words man, I think you hit the real truth with these words! So we can expect more "drama" from both(all) sides, but that will be just that, a little drama here and little drama there...just to keep the masses afraid and calm! And of course in that process some "players" will be fucked up, some new will appear... the same old, players are changing, but the game stays the same!

[finaleshot2016]

I doubt that biden will lift the ban on this Chinese apps because US is not the only one who bans those apps that might affect the national security of the country. India also ban those Chinese apps like tiktok and such because it violates the personal information of an individual. Also, it doesn't affect too much the US, because they already have those payment gateway exclusively for their citizen. But who knows what they're thinking right now, we can't really determine what's in the leader mind or their purpose of doing it.