Perceived impact of WeChat ban to American companies in China 2020
an indispensable tool to connect with local customers and authorities. Banning WeChat on all American companies and U.S. citizens in China could have a significant business impact. According to a survey conducted in late August 2020, about 41.5 percent of the surveyed American corporates which operated in China said that the ban would cost a revenue loss of their business in the Chinese market. The same survey found out that less than seven percent of the companies stated that they could find another app to replace WeChat easily without any impact on operations and revenue.
For American companies doing business in China, the country's most popular app WeChat has become