China threatens US companies with sanctions following Trump’s WeChat ban

Matthew Margulies, vice president in Beijing at the US-China Business Council trade group, said the Chinese blacklist left authorities a “fair amount of discretion,” and he called for “significant restraint” in how Beijing used it. “Companies increasingly feel squeezed between the US and Chinese governments, where complying with the rules of one government may cause them to run afoul of rules of the other government,” Margulies said. “We’ve argued for both governments to narrowly apply national security decisions to commercial issues for many years, but that is increasingly a challenging endeavor.”