Hong Kong (CNN Business) The United States has taken aim at some of China's biggest tech champions, from Huawei and ByteDance's TikTok to Tencent's WeChat . Washington officials are making "more accusations" against Chinese tech companies, an "indication that the administration is really looking to decouple" the tech industry, he added. But the fact that it is a national tech champion in China may be reason enough for Washington to target it, according to Capri. Alibaba hasn't yet been threatened with the same kinds of sanctions that US President Donald Trump has proposed or levied against other Chinese tech firms. It also started Alipay, one of the most dominant payment apps in China alongside Tencent's WeChat Pay.
Source: CNN August 13, 2020 05:37 UTC