Logo in front of Alibaba headquarters in Hangzhou, Zhejiang Province. (18 November 2019)
On the evening of 6 Trump 8, the President of the United States issued two executive orders prohibiting individuals or companies under United States jurisdiction from engaging in "any transactions" with Tencent, a Chinese company with social app, which will take effect 45 days later. Another is to require Tiktok( international version) to complete the sale within 45 days from Thursday, with a deadline that will not allow any American individual or enterprise to trade with it. The United States is concerned that social app and TikTok "will automatically capture large amounts of information from their users ".
social app and TikTok will be banned in the United States, raising questions about whether Chinese companies such as Chinese electronic commerce giant Alibaba Group may also be banned targets.
Trump president said in an executive order banning social app, social app, of social media and electronic payment applications with more than 1 billion users worldwide As with TikTok, "will automatically capture a large amount of information from its users. This threat of data collection enables Chinese Communist Party to obtain personal and proprietary information about Americans, In addition, And the app can also capture personal and proprietary information from Chinese citizen visiting the United States, For Chinese Communist Party to have a mechanism, Chinese citizen ." that can track the first free social benefits of a lifetime
The United States believes that applications controlled by Chinese government constitute national security for the United States threat. and that information obtained by Chinese government may be used for "extortion and commercial espionage ".
Alibaba's e-commerce platform was opened to US sellers in July last year, and the US is its growth rate market. On a global scale, including the United States, Alibaba has 10 million customers buying goods through its platform, and sold $1 trillion worth of goods in the past 12 months in March this year, most of which were in China.
CNN shares fell 3% in hong kong friday, according to a london-based report, suggesting investors are weighing the possibility that the chinese electronic commerce company will be heavily regulated in the us. The Alibaba cloud service, which U.S. companies host their online businesses, faces the greatest risk after the U.S. government unveiled its Clean Networks (Clean Network) plan earlier this week.
Secretary of State Pompeo said in a statement that the project was designed to protect the telecommunications and technology infrastructure of the United States from "aggressive intrusions by malicious actors such as Chinese Communist Party ".
