Comments on: Consumption keeps growing in China, pushed by online retail sales https://ecommercechinaagency.com/consumption-china-online-retail/ Ecommerce in China, Digital Strategy Fri, 25 Jun 2021 01:44:57 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: MIke https://ecommercechinaagency.com/consumption-china-online-retail/#comment-41271 Mon, 21 Sep 2020 11:02:08 +0000 https://ecommercechinaagency.com/?p=37688#comment-41271 great article.
Consumption in China is booming for sure. What do you think of the trade war?
The Chinese Ministry of Commerce had earlier called the US decision “intimidation” and warned that “if the United States persists in its unilateral actions, China will take the necessary measures to resolutely protect the rights and interests of Chinese companies. “.

Threats “to national security, foreign policy and the economy”
For the US Department of Commerce, “the Chinese Communist Party has demonstrated that it has the means and the intention to use these apps to threaten the national security, foreign policy and economy of the United States.”

Washington, however, left a door open for TikTok, a popular application for young people to produce short videos, leaving it until November 12 before completely banning it from operating on its soil. Its current users will simply no longer be able to update.

If the app resolves “national security concerns” by then, the download ban could be lifted, the Commerce Department said.

Regarding WeChat, an application by Chinese giant Tencent used for messaging, shopping, payments and other services, with some 19 million users in the United States, current users will see the application virtually disabled at United States from Sunday, said an American official.

The sanctions come as negotiations for ByteDance to cede its US operations to an American group are stalling and the Trump administration is growing impatient.

The US president, however, was optimistic on the issue on Friday, saying an agreement could be reached “quickly”.

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