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It’s not just TikTok, Trump is banning WeChat. The consequences?

-Disruption of communication between family members in the US and China

-Disruption of communication between Apple manufacturing engineers (and other ODMs) and Chinese factories

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-Disruption of Walmart’s business in China (9% of Walmart’s international market) that rely on WeChat microapps

-Disruption of American brands in China that rely on the WeChat payment platform (e.g., Starbucks)

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-Potential disruption of the video game and sports industries: Tencent (WeChat’s parent company) owns stakes in, or has deals with, e.g., Activision, Electronics Arts, Epic Games, and Riot Games, and shares

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billions in revenue in licensing and distribution deals in China, including exclusive rights to stream NBA content in China.

This administration has no idea what it’s doing.

bloomberg.com/news/articles/…

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