In 2019, Chinese visitors spent more than 1.3 billion dollars visiting the San Francisco Bay Area. For many of them, WeChat, with its ability to make payments, played a valuable role.
Other participants in the call included Procter & Gamble Co, Intel Corp, MetLife Inc, Goldman Sachs Group Inc, Morgan Stanley, United Parcel Service Inc, Merck & Co Inc and Cargill Inc.
"Seeing Chinese investment go through the door, I think it is definitely going to slow down, and they are definitely going to think twice, and I think unfortunately for America, that a lot of the investment may actually go to Europe instead.” 自8月15日起，具备校园疫情防控条件的高校，结合小学期安排，可组织学生分期分批、错时错峰返校和新生报到。
Apple will be put into a very difficult situation if it is forced to remove WeChat from its App Store.
Apple has spent years building China into a 44 billion U.S. dollars growth driver. In the second quarter of 2020, the company's revenue from the Chinese market accounted for over 15 percent of its total.
It was unclear how the administration could implement the ban on WeChat in mid-September. It could order Apple Inc and Alphabet Inc's Google to remove WeChat from their app store, or order the apps to stop offering access or updates to U.S. users.