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Industrials

China says to take necessary measures to safeguard rights of app firms banned by U.S.

FILE PHOTO: Chinese Foreign Ministry spokeswoman Hua Chunying holds a news conference in Beijing, China, November 30, 2020. REUTERS/Thomas Peter

BEIJING (Reuters) - China said on Wednesday it would take necessary measures to safeguard the legitimate rights of companies, after U.S. President Donald Trump signed an order banning U.S. transactions with eight Chinese apps.

Foreign ministry spokeswoman Hua Chunying was speaking at a regular news briefing.

Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group’s Alipay mobile payment app, the White House said, escalating tensions with Beijing two weeks before President-elect Joe Biden takes office.

Reporting By Gabriel Crossley; Writing by Beijing Newsroom; Editing by Jacqueline Wong

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