Business
Apple’s $61b China market threatened by Trump’s WeChat ban – Sydney Morning Herald
Apple spent years building China into a money-making engine. Then the US president last week cast all that in doubt.
Tencent Holdings’s flagship app connects a billion users globally and is used for everything from chatting with friends to shopping for movie and train tickets to paying restaurant and utility bills. While questions remain on how Trump’s orders will be implemented, any ban on the use of WeChat threatens to cut off a key communication link between China and the rest of the world and prevent US companies like Starbucks and WalMart from reaching consumers in the world’s second-largest economy.
If …
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