Beijing won't sit idle while Washington ransacks its corporations: China Daily

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Beijing won't sit idle while Washington ransacks its corporations: China Daily
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In its editorial, the paper says that America's self-proclaimed efforts to safeguard data security are only blasting points for it to get into the virtual vaults of Chinese companies.. Read more at straitstimes.com.

BEIJING - Washington's attempt to purge the United States of Chinese high-tech companies continues apace, with US President Donald Trump saying on Saturday during a news conference that he was"looking into" whether Chinese technology giant Alibaba should be banned in the US.

A separate executive order bans any transaction that is related to WeChat, the most-used messaging system in the world that is owned by the Chinese company Tencent. With a number of Chinese tech companies having developed into world-class players comparable to their US counterparts, the US administration is clearly intent on mugging them as part of its stand-and-deliver"America first" agenda.

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