U.S. businesses in China are pushing back against a looming Trump administration ban on Tencent Holdings’ WeChat app, with a report shedding light on just how vital the tool is to companies doing business in the world’s second-largest economy. The American Chamber of Commerce in Shanghai warned of an “enormous negative impact” on U.S. companies with international businesses if the order, whose scope has yet to be revealed, was enacted too broadly.
Read the article: The Wall Street Journal