Trump Administration Bans Transactions with Chinese Applications | Holland & Knight LLP
Highlights President Donald Trump on Jan. 5, 2021, issued an Executive Order Addressing the Threat Posed By Applications and Other Software Developed or Controlled By Chinese Companies (E.O.). The E.O. was issued to address the perceived threat by China to steal or otherwise obtain U.S. persons' data with the intent to use it to advance China's economic and national security agenda. The E.O., which is likely to be challenged in court, specifically targets eight Chinese connected software applications: Alipay, CamScanner, QQ Wallet, SHAREit, Tencent QQ, VMate, WeChat Pay and WPS Office (target...