Biden will be sworn into office in two weeks and it is not clear whether he plans to implement Trump’s new order, which is meant to take effect in 45 days. Alipay has more than one billion users and 80 million merchants in China but the app was only downloaded 207,000 times in the US last year. — SCMP
US President Donald Trump’s new executive order banning transactions with eight Chinese apps, including Alipay and WeChat Pay, marks the latest escalation of the US-China tech war and will be a problem the incoming Biden administration will need to manage, analysts said.
President-elect Joe Biden will be sworn into office in two weeks and it is not clear whether he plans to implement this order, which is meant to take effect in 45 days.
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