News Snapshot:
TikTok and WeChat are Chinese digital products that have gained US market share, while their American counterparts like Facebook have long failed to enter China’s market due to internet censorship and protectionism TikTok and WeChat are Chinese digital products that have gained US market share, while their American counterparts like Facebook have long failed to enter China’s market due to internet censorship and protectionism. Following US President Donald Trump’s executive order in August prohibiting transactions with TikTok, the Department of Commerce banned people in the United States from downloading Chinese apps TikTok and WeChat starting last Sunday. It also banned...
